If Both the Supply and Demand Curves Shift Simultaneously, We

question 95

Multiple Choice

If both the supply and demand curves shift simultaneously, we can ALWAYS predict what will happen to

• A) both the price and the quantity.
• B) either the price or the quantity, but not both.
• C) only the quantity.
• D) only the price.
• E) neither the price nor the quantity.

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Definitions:

Maximum Inclusion

A principle or policy aimed at ensuring the highest possible level of participation or inclusion of all relevant parties or demographic groups.

Total Ambivalence

A state of having mixed feelings or contradictory ideas about something or someone.

Optimal Distinctiveness Theory

A social psychology theory suggesting that individuals seek a balance between fitting in with a group and standing out as unique.

Autonomy

The capacity to make an informed, uncoerced decision or the state of being self-governing.