If Both the Supply and Demand Curves Shift Simultaneously, We

question 95

Multiple Choice

If both the supply and demand curves shift simultaneously, we can ALWAYS predict what will happen to

• A) both the price and the quantity.
• B) either the price or the quantity, but not both.
• C) only the quantity.
• D) only the price.
• E) neither the price nor the quantity.

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Definitions:

Bladder

A hollow organ in the pelvic area that stores urine from the kidneys before it is excreted through the urethra.

Marine Cartilaginous Fishes

Fish that have a skeleton made of cartilage rather than bone, including sharks, rays, and skates.

Water Loss

The process by which water is eliminated from an organism or ecosystem through evaporation, transpiration, or excretion.

Urea

A nitrogenous waste product formed in the liver from the breakdown of proteins and excreted in urine.