When the Demand and Supply Curves Both Shift Rightward, Which

question 354

Multiple Choice

When the demand and supply curves both shift rightward, which of the following happens?

• A) The equilibrium quantity increases and any change in the equilibrium price cannot be determined.
• B) The equilibrium price falls and the equilibrium quantity increases.
• C) The equilibrium price falls and any change in the equilibrium quantity cannot be determined.
• D) The equilibrium price rises and the equilibrium quantity decreases.

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Definitions:

Biological Preparedness

A concept in psychology that suggests organisms are innately predisposed to form associations between certain stimuli and responses.

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A learned aversion to a particular food or drink because it has been associated with an unpleasant or nauseating experience.

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The two principal factors that influence an individual's physical and psychological traits: genetic inheritance and external conditions or surroundings.

Behaviour Modification

A technique or intervention designed to change harmful or undesirable behaviors using principles of learning theory.