If Supply and Demand Both Shift to the Right, Equilibrium

question 112

Multiple Choice

If supply and demand both shift to the right, equilibrium quantity:

• A) rises, but the equilibrium price may rise, fall, or stay the same.
• B) falls, but the equilibrium price may rise, fall, or stay the same.
• C) may rise, fall, or stay the same, but equilibrium price will rise.
• D) may rise, fall, or stay the same, but equilibrium price will fall.

Predict major organic products in a variety of chemical reactions.

Understand the hydrolysis process of esters, amides, and nitriles under various conditions.

Learn the reduction processes of carboxylic acid derivatives using specific reducing agents.

Understand and apply probability distribution concepts to calculate specific probabilities.

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Definitions:

Strategic Competitiveness

Achieving a favorable position in the market by implementing unique strategies that leverage the organization's strengths in response to external opportunities and threats.

Continuous Innovation

An ongoing process of developing new or improved products, services, or processes that provide significant advances or competitive advantages.

Organisational Survival

The ability of an organization to continue functioning over time, adapting to changes and overcoming challenges.

Turbulent Environment

An unpredictable or unstable state of affairs in which change happens rapidly and unpredictably, affecting organizations or activities.