Which of the Following Always Results in an Increase in Price

question 94

Multiple Choice

Which of the following always results in an increase in price and quantity?

• A)an increase in supply and a decrease in demand
• B)an increase in demand with no change in supply
• C)an increase in supply with no change in
• D)demand a decrease in demand and supply

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Definitions:

Restrictive Indorsement

An endorsement on a negotiable instrument that limits the way the instrument can be further transferred or conditions under which it can be cashed.

Personal Defenses

Legal strategies individuals use to challenge accusations or claims brought against them in court.

Inducement

The act of persuading or influencing someone to act, often involving an incentive or reward.

Without Recourse

A term indicating that the holder of a financial instrument cannot demand payment from the original promisor if the instrument defaults.