Which of the Following Statements Is Correct

question 116

Multiple Choice

Which of the following statements is correct?

• A)When demand decreases, both the price and the quantity increase.
• B)When supply increases, the quantity increases and the price falls.
• C)When supply decreases, both the price and the quantity decrease.
• D)When demand increases, both the price and the quantity decrease.

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Definitions:

Earthworms

Invertebrate animals with a long, segmented body, living in soil and contributing to soil fertility through their activity.

Scorpions

Arthropods belonging to the class Arachnida, characterized by their venomous sting, used to kill prey and for defense.

Arthropod

Invertebrates, with an exoskeleton and jointed appendages, such as crustaceans and insects.

Lobsters

Marine crustaceans with a hard shell, long antennae, and ten legs, known for being a popular seafood.