Which of the Following Always Results in an Increase in Price

question 213

Multiple Choice

Which of the following always results in an increase in price and quantity?

• A)an increase in supply and a decrease in demand
• B)an increase in demand with no change in supply
• C)an increase in supply with no change in demand
• D)all of the above

---

Definitions:

Basic Sources

Fundamental or primary materials and resources that provide essential information or evidence for research, study, or information gathering.

Social Environment

The immediate physical and social setting in which people live or in which something happens or develops, including the culture, institutions, and people around them.

Ongoing Process

A continuous and dynamic series of actions or operations that persist over time.

Sociograms

A visual tool used to map out the relationships and social dynamics within a group, often used in social psychology.