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If the demand for a good increases at the same time as the supply of the same good decreases, what will happen to the equilibrium price and quantity of the good?
Mid-ocean Ridge
An underwater mountain range, formed by plate tectonics, that stretches across the ocean floors and is characterized by a rift at its summit from which new oceanic crust is formed.
Seafloor Elevation
The vertical height of the ocean floor above or below a reference surface, typically mean sea level.
Rocks Cooling
The process of igneous rocks solidifying and crystallizing from magma or lava as they lose heat.
Oceanic Divergent Boundary
A tectonic plate boundary where two oceanic plates move apart, leading to the formation of new oceanic crust through volcanic activity.
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