Which of the Following Will Definitely Result in an Increase

question 2

Multiple Choice

Which of the following will definitely result in an increase in the equilibrium price?

• A)a decrease in both demand and supply
• B)a decrease in demand combined with an increase in supply
• C)an increase in both demand and supply
• D)an increase in supply combined with a decrease in demand
• E)an increase in demand combined with a decrease in supply

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Definitions:

Homeostasis

The ability of an organism or environment to maintain stability in response to changes.

Self-Efficacy

An individual's belief in their own ability to execute behaviors necessary to produce specific performance attainments.

Successfully Complete

To finish a task or activity in a manner that meets or exceeds predefined standards or expectations.

Law School

An educational institution specializing in legal studies, where students are trained to become lawyers through the study of law and legal systems.