Reference: Ref 4-3 (Table: Equilibrium Price, Quantity) Refer to the Table

question 31

Multiple Choice

Reference: Ref 4-3 (Table: Equilibrium Price, Quantity) Refer to the table. If the demand curve for the product shifted to the right such that 10 more units of the good are demanded at every price, what is the new equilibrium price?

• A) $12
• B) $14
• C) $16
• D) $18

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Definitions:

Mood Disorders

Disorders in which mood is severely disturbed.

Dissociative Neurosis

A psychological disorder characterized by experiencing a disconnection and lack of continuity between thoughts, memories, surroundings, actions, and identity.

Anxiety Disorders

A group of mental health disorders characterized by significant feelings of anxiety and fear that affect daily living.

Amnesia

A condition characterized by memory loss, where a person cannot recall past experiences or learn new information.