Which of the Following Events Must Cause Equilibrium Price to Rise

question 116

Multiple Choice

Which of the following events must cause equilibrium price to rise?

• A)demand increases and supply decreases
• B)demand and supply both decrease
• C)demand decreases and supply increases
• D)demand and supply both increase

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Definitions:

Vestibule

An entryway or small foyer leading into a larger space, or the central part of the ear connecting the cochlea and semicircular canals.

Cochlear Duct

A spiral-shaped cavity in the cochlea of the inner ear, filled with endolymph fluid, crucial for converting sound vibrations into neural signals.

Scala Vestibuli

The scala vestibuli is a perilymph-filled cavity inside the cochlea of the inner ear; it lies superior to the scala media and transmits sound vibrations to the cochlear duct.

Inner Ear

A complex structure within the ear responsible for hearing and balance, encompassing the cochlea, vestibule, and semicircular canals.