If the Number of Demanders for Electric Cars Increases at the Same

question 174

Multiple Choice

If the number of demanders for electric cars increases at the same time as the number of suppliers of electric cars increases, which of the following is true?

• A)The equilibrium quantity will decrease.
• B)Both the demand and supply curves will shift to the left.
• C)The equilibrium quantity will increase.
• D)The effect on the equilibrium quantity is ambiguous without more information.

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Definitions:

Workforce Diversity

The inclusion of individuals from various backgrounds, cultures, ages, genders, and experiences in the workforce.

Demographic Differences

Variations among individuals and groups based on factors like age, race, gender, income level, and education.

Discrimination

The unjust or prejudicial treatment of different categories of people, especially on the grounds of race, age, or sex.

Invisible Barrier

An unseen obstacle that prevents individuals or groups from advancing beyond a certain point in professional or social contexts, often due to implicit biases or systemic structures.