If the Supply of a Good Increased, What Would Be

question 147

Multiple Choice

If the supply of a good increased, what would be the effect on the equilibrium price and quantity?

• A) Price would increase and quantity would decrease.
• B) Price would decrease and quantity would decrease.
• C) Price would increase and quantity would increase.
• D) Price would decrease and quantity would increase.

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Definitions:

Mechanical Shock

A physical shock to a system which may cause significant damage or system failure due to sudden impact or force.

Adipose Tissue

A type of connective tissue that is specialized in storing energy as fat, providing insulation and protection to the body.

Renal Pyramid

One of a number of pyramidal masses seen on longitudinal section of the kidney; they contain part of the loops of Henle and the collecting tubules.

Renal Papilla

The tip of the renal pyramid in the kidney that extends into the renal pelvis, through which urine flows into the ureter.