The Market Equilibrium Price and Quantity Can Be Affected If

question 247

Multiple Choice

The market equilibrium price and quantity can be affected if:

• A) supply increases and demand decreases.
• B) supply and demand both decrease.
• C) supply and demand both increase.
• D) all of the above

---

Definitions:

Quarterly Basis

A period or system where certain operations or calculations, such as financial reports or interest payments, are done every three months.

Compounded Monthly

Interest calculation method where interest earned is added to the principal so that, from that moment on, the interest that has been added also earns interest.

Equal Contributions

A setup where all participants in a financial arrangement contribute the same amount.

Retirement Plan

A financial strategy designed to provide individuals with income or assets to rely on after they have ceased working, often involving savings, investments, and other financial products.