A Decrease in Demand and an Increase in Supply Will

question 101

Multiple Choice

A decrease in demand and an increase in supply will:

• A)increase the equilibrium quantity and decrease price.
• B)decrease the equilibrium quantity and affect price in an indeterminate way.
• C)decrease price and affect the equilibrium quantity in an indeterminate way.
• D)increase price and affect the equilibrium quantity in an indeterminate way.

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Definitions:

Spinal Cord

A long, thin, tubular structure made up of nervous tissue, which extends from the brain down the back, and is a major part of the central nervous system.

Central Nervous System

The primary information processing center of the body, consisting of the brain and spinal cord.

Motor-Control Information

Data or inputs relevant to the regulation of movements and actions of muscles or groups of muscles in the body.

Sympathetic Nervous

The sympathetic nervous system is part of the autonomic nervous system that prepares the body for physical activity and response to stress, fear, or emergency by triggering the fight or flight response.