When Demand Increases, the Equilibrium Price _ and the Equilibrium

question 383

Multiple Choice

When demand increases, the equilibrium price _ and the equilibrium quantity _.

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

---

Definitions:

Telemarketing Center

A facility used for conducting marketing and sales operations via telephone, often involving calling potential customers.

Servant Leadership Approach

A philosophy where the leader's main goal is to serve others, prioritizing the needs of the team or organization over their own.

Leader Behaviors

The range of actions, communication styles, and decisions made by leaders that impact their team's engagement and success.

Followers First

A leadership philosophy that prioritizes the needs, development, and well-being of followers over other considerations, focusing on serving and empowering those led.