Equilibrium Price Must Increase When Demand

question 78

Multiple Choice

Equilibrium price must increase when demand

• A)increases and supply does not change,when demand does not change and supply decreases,and when demand decreases and supply increases simultaneously.
• B)increases and supply does not change,when demand does not change and supply decreases,and when demand increases and supply decreases simultaneously.
• C)decreases and supply does not change,when demand does not change and supply increases,and when demand decreases and supply increases simultaneously.
• D)decreases and supply does not change,when demand does not change and supply increases,and when demand increases and supply decreases simultaneously.

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Definitions:

Causal Question

An inquiry that aims to determine the cause-and-effect relationship between variables or events.

Song Production

The creation and vocal execution of songs by an animal, often used in the context of birds for mating, territorial defense, or communication.

Natural Selection

A fundamental mechanism of evolution where organisms with traits best suited to their environment are more likely to survive and reproduce.

Net Reproductive Gain

The overall increase in an individual’s or population's gene frequency in the next generation, after accounting for all factors of survival and reproduction.