When Equilibrium Is Present, If Market Conditions Do Not Change

question 156

Multiple Choice

When equilibrium is present, if market conditions do not change,

• A) the current price will tend to rise in the future, and the current quantity will tend to fall.
• B) the current price will tend to fall in the future, and the current quantity will tend to rise.
• C) the current price and quantity will tend to persist in the future.
• D) the current price will tend to persist in the future, but the current quantity will tend to rise.

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Definitions:

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Scald Burn

A burn injury caused by hot liquids or steam, affecting the skin or deeper tissues.

Flame Burn

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