Which of the Following Events Must Cause Equilibrium Price to Rise

question 116

Multiple Choice

Which of the following events must cause equilibrium price to rise?

• A)demand increases and supply decreases
• B)demand and supply both decrease
• C)demand decreases and supply increases
• D)demand and supply both increase

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Definitions:

Stamens

The male reproductive organs of a flower, consisting of an anther and a filament, responsible for producing and releasing pollen.

Gibberellins

Gibberellins are a class of plant hormones that stimulate growth, influence various developmental processes including germination, dormancy, and flowering.

Agricultural Industry

The agricultural industry encompasses all activities involved in the cultivation of crops and raising of livestock for human use and consumption.

Gibberellins

Plant hormones that regulate growth and influence various developmental processes, including stem elongation, germination, and flowering.