It Is Certain That the Equilibrium Quantity Will Rise When

question 187

Multiple Choice

It is certain that the equilibrium quantity will rise when:

• A)the supply curve and the demand curve both shift to the right.
• B)the supply curve shifts to the right and the demand curve shifts to the left.
• C)supply and demand both shift to the left.
• D)supply shifts to the left and demand stays the same.

---

Definitions:

Real Estate

Holdings that encompass land, any buildings situated on that land, and all natural resources associated with it.

Eminent Domain

The authority of a government to take private property for public purposes, provided the owner is compensated.

Private Property

Land or belongings owned by individuals or corporations rather than by the government or community.

Public Use

The concept that property or services are available for use by the general public, often justifying government action such as eminent domain.