Which of the Following Statements Is Correct

question 221

Multiple Choice

Which of the following statements is correct?

• A) When supply increases, the quantity increases and the price falls.
• B) When demand increases, both the price and the quantity decrease.
• C) When supply decreases, both the price and the quantity decrease.
• D) When demand decreases, both the price and the quantity increase.

---

Definitions:

Potential Error

A mistake or fault that could occur under certain conditions during the execution of a task or program.

Wavy Underline

An indication in text editing and word processing software signifying potential spelling or grammatical errors.

Body Copy

The main text portion of a document or publication, excluding headings, captions, and other elements.

Flyer

A form of paper advertisement intended for wide distribution and typically posted or distributed in a public place, handed out to individuals, or sent through the mail.