When There Is a Decrease in Supply and an Increase

question 18

Multiple Choice

When there is a decrease in supply and an increase in demand, what will happen with certainty?

• A) Price will increase.
• B) Price will decrease.
• C) Quantity will increase.
• D) Quantity will decrease.

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Definitions:

Nonrandomly Formed Groups

Groups in a study that are created based on criteria other than random assignment, which can introduce biases or preexisting differences between groups.

One-Group Posttest-Only Design

An experimental design where a single group is exposed to an intervention and then tested, lacking a control group for comparison.

Uninterpretable Nonequivalent Groups Designs

Research designs that lack clear control groups or equivalency between groups, making findings difficult to interpret accurately.

Pretest-Posttest Nonequivalent Groups Design

A quasi-experimental research design where one group is tested before and after an intervention and compared to a control group not receiving the intervention.