If Both Demand and Supply Rise,which of the Following Must

question 28

Multiple Choice

If both demand and supply rise,which of the following must be true?

• A) The equilibrium quantity will rise.
• B) The equilibrium quantity will fall.
• C) The equilibrium quantity will not change.
• D) The change in the equilibrium quantity is indeterminate.

---

Definitions:

Essential Attributes

Fundamental or inherent qualities that define and distinguish a subject or an entity.

Essential Attributes

Essential attributes refer to the fundamental qualities or characteristics that define the nature of something.

Too Broad

A term used to describe a topic, question, or subject that encompasses too wide a scope or range to be effectively addressed in a single discussion, study, or analysis.

Too Narrow

A criticism often directed at definitions or concepts suggesting they are overly restrictive and exclude relevant elements or aspects.