If Both Demand and Supply Increase, Then the Equilibrium Price

question 39

Multiple Choice

If both demand and supply increase, then the equilibrium price

• A)falls but the equilibrium quantity increases.
• B)falls, and the equilibrium quantity could either increase or decrease.
• C)could either rise or fall, but the equilibrium quantity increases.
• D)and equilibrium quantity increases.
• E)rises, and the equilibrium quantity could either increase or decrease.

Understand key anti-discrimination laws in the workplace, including their scope and who they protect.

Identify the roles of various federal agencies in enforcing employment laws.

Recognize the concepts of disparate treatment, disparate impact, and affirmative action in employment.

Acknowledge the legal bases and protections against discrimination for specific groups (gender, age, race, disability).

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Definitions:

Ecological Fallacy

Drawing conclusions about individual attributes from data gathered from an entire group.

Exception Fallacy

A logical error where an exception is treated as the general rule, often overlooking statistical norms.

Dumb Blonde

A stereotypical and biased notion that unfairly characterizes blonde-haired individuals, particularly women, as being of lower intelligence or superficial.

Asian-Canadian

A term describing Canadians of Asian descent, representing diverse cultures, languages, and histories within Canada.