When Supply Increases, and the Supply Curve Shifts to the Right

question 147

True/False

When supply increases, and the supply curve shifts to the right, equilibrium price an quantity will both increase.

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Definitions:

Due Process

A fundamental principle of fairness in all legal matters, both civil and criminal, especially in the courts, guaranteeing the right to a fair trial and due process of law.

Fifth Amendment

An amendment to the U.S. Constitution that guarantees several rights related to legal proceedings, including protection against self-incrimination and double jeopardy, and ensures due process.

Federal Government

The national government of a federation, responsible for governing the entire country.

Strict Scrutiny

A rigorous standard of judicial review used to determine the constitutionality of laws that potentially violate fundamental rights.