The Equilibrium Quantity Will Decrease and the Price Might Rise

question 49

Multiple Choice

The equilibrium quantity will decrease and the price might rise, fall, or stay the same when the

• A) demand for a good decreases and the supply of it increases.
• B) demand and the supply of a good both increase.
• C) demand and the supply of a good both decrease.
• D) demand for a good increases and the supply of it decreases.

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Definitions:

Nervous Feelings

Nervous feelings are emotional states characterized by anxiety, tension, and unease, typically in anticipation of something uncertain or potentially negative.

Panic Disorder

A psychiatric disorder characterized by recurring unexpected panic attacks and the ongoing fear of having another attack.

Genetic Predisposition

A natural inclination or tendency for organisms to develop certain traits or diseases based on their genetic makeup.

Lactate

A compound produced during the breakdown of glucose in the body, often associated with muscle fatigue during intense exercise.