Which of the Following Correctly Describes How Price Adjustments Eliminate

question 474

Multiple Choice

Which of the following correctly describes how price adjustments eliminate a shortage?

• A) As the price rises, the quantity demanded increases while the quantity supplied decreases.
• B) As the price rises, the quantity demanded decreases while the quantity supplied increases.
• C) As the price falls, the quantity demanded decreases while the quantity supplied increases.
• D) As the price falls, the quantity demanded increases while the quantity supplied decreases.

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Definitions:

Buried Verb

A writing flaw where the action (verb) is hidden in a noun form, making sentences longer and less clear.

Consideration

The process of thoughtful and careful reflection on various aspects or details of a situation, decision, or action.

Active-voice Verbs

Verbs that depict the subject of a sentence as the doer of an action.

Business Writing

Business writing encompasses the professional communication of ideas, proposals, and information within a business context, employing a clear, concise, and formal style.