Which of the Following Statements Is Correct

question 85

Multiple Choice

Which of the following statements is correct?

• A) When both demand and supply decrease, the quantity decreases and the price might rise, fall, or remain the same.
• B) When both demand and supply decrease, the quantity increases and the price might rise, fall, or remain the same.
• C) When both demand and supply increase, the quantity decreases and the price might rise, fall, or remain the same.
• D) When both demand and supply increase, the price rises and the quantity might increase, decrease, or remain the same.

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Definitions:

Earth's Crust

The outermost layer of the Earth, composed of a variety of rocks and minerals; it forms the continents and ocean basins.

Fault

A fracture or zone of fractures between two blocks of rock, which can cause large scale earth movements.

Plates Meet

Regions where tectonic plates come into contact, which can lead to geologic activity such as earthquakes, volcanic eruptions, and the formation of mountains.

Decaying Carbon Isotope

Radioactive isotopes of carbon that decay over time, often used in radiocarbon dating to determine the age of archaeological finds.