If Both the Demand and Supply Increase, the Equilibrium Quantity

question 440

Multiple Choice

If both the demand and supply increase, the equilibrium quantity ________ and the equilibrium price ________.

• A) increases; falls
• B) decreases; might rise, fall, or not change
• C) decreases; rises
• D) increases; might rise, fall, or not change

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Definitions:

Impulsive Behavior

Acts characterized by little or no forethought, reflection, or consideration of the consequences.

Violent Video Games

Video games that involve and often emphasize themes of violence, aggression, and conflict.

Aggression

Behavior intended to harm or injure another person, either physically or psychologically.

Justified

Deemed or proven to be right or reasonable under the circumstances.