If We Observe an Increase in the Equilibrium Quantity of Good

question 75

Multiple Choice

If we observe an increase in the equilibrium quantity of good A,we know that

• A)either the demand for A has increased or the supply of A has decreased or both.
• B)either the demand for A has increased or the supply of A has increased or both.
• C)either the demand for A has decreased or the supply of A has increased or both.
• D)either the demand for A has decreased or the supply of A has decreased or both.
• E)the price of A has risen.

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Definitions:

Incidence

The number of new cases of a disease or condition that are identified in a specific population during a given time period.

HIV-Positive Cases

Instances where individuals have been tested and found to have the Human Immunodeficiency Virus (HIV) in their blood.

Time Period

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