When the Demand for a Good Decreases, Its Equilibrium Price

question 265

Multiple Choice

When the demand for a good decreases, its equilibrium price and equilibrium quantity
)

• A) rises; increases
• B) rises; decreases
• C) falls; increases
• D) falls; decreases

---

Definitions:

Decompression Melting

Melting that occurs when rock ascends in the Earth's mantle, reducing pressure and causing it to melt without heating.

Mantle-Derived Magmas

Refers to magmas that originate from the Earth's mantle, the thick layer of silicate rock between the crust and the core.

Continental Crust

The thick, generally older part of the Earth's crust that constitutes the continents and continental shelves, distinct from oceanic crust.

Psychosocial Problems

Issues affecting an individual's psychological development in and interaction with a social environment.