The Equilibrium Quantity Will Decrease and the Price Might Rise

question 556

Multiple Choice

The equilibrium quantity will decrease and the price might rise, fall, or stay the same when the

• A) demand for a good decreases and the supply of it increases.
• B) demand and the supply of a good both increase.
• C) demand for a good increases and the supply of it decreases.
• D) demand and the supply of a good both decrease.

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Definitions:

Criminal Prosecution

The process whereby the state brings charges against an individual or entity for violating criminal law.

Reasonable Doubt

The standard of proof required in criminal cases for a jury or judge to legally find the defendant guilty; doubt based on reason and common sense.

Securities Laws

Securities laws are legislations and regulations designed to protect investors, maintain fair, orderly, and efficient markets, and facilitate capital formation, governing the creation and trading of securities.

Securities Act

A law aimed at regulating the offer and sale of securities to protect investors from fraud.