An Increase in Demand Coupled with a Simultaneous and Bigger

question 19

Multiple Choice

An increase in demand coupled with a simultaneous and bigger decrease in supply will cause equilibrium

• A) price to go up and quantity to go down.
• B) price to go up and quantity to go up.
• C) price to go down and quantity to go down.
• D) price to go down and quantity to go up.

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Definitions:

Neurotransmitters

Chemical substances that transmit signals across a synapse from one neuron to another in the brain.

Functions

Predetermined roles or actions that an entity or process serves or performs within a system.

Pancreas

A gland located behind the stomach that produces digestive enzymes and hormones, including insulin.

Insulin

A hormone produced by the pancreas that regulates blood glucose levels by facilitating the uptake of glucose into tissues.