It's Certain That the Equilibrium Price Will Fall When

question 15

Multiple Choice

It's certain that the equilibrium price will fall 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 increase.
• D) supply decreases and demand stays the same.

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Definitions:

Cerebral Hemisphere

One of the two parts of the brain, divided by the longitudinal fissure, that are responsible for different functions.

Cortex

The outer layer of the cerebrum in the brain, involved in various high-level brain functions such as thought, memory, and consciousness.

Lobes

Divisions of the brain or other organs marked by natural boundaries, such as the frontal, parietal, temporal, and occipital lobes of the brain.

Myelin Sheath

A fatty layer that surrounds nerve fibers, providing insulation and increasing the speed at which electrical impulses propagate along the nerve cells.