If a Price Is Below Equilibrium

question 92

Multiple Choice

If a price is below equilibrium,

• A)A shortage will cause the price to fall and the quantity supplied to decrease.
• B)A shortage will cause the price to rise and the quantity supplied to increase.
• C)A surplus will cause the price to fall and the quantity supplied to decrease.
• D)A surplus will cause the price to fall and the quantity supplied to increase.

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Definitions:

Serotonin

A neurotransmitter involved in many functions including mood regulation, digestion, and sleep.

Anxiety Disorders

A group of mental health disorders characterized by significant feelings of anxiety and fear, impacting an individual's ability to function daily.

Neurotransmitters

Chemical agents facilitating signal transmission from one neuron to another via synapses in the nervous system.

Conditioning

A process of behavior modification by which a subject comes to respond in a desired manner to a previously neutral stimulus by associating it with a stimulus that elicits an automatic response.