Assume Qs Represents the Quantity Supplied at a Given Price

question 74

Multiple Choice

Assume Qs represents the quantity supplied at a given price and Qd represents quantity demanded at a given price.Which of the following market conditions produces an upward movement of the price?

• A)Qs = 10, Qd = 5.
• B)Qs = 5, Qd = 5.
• C)Qs = 5, Qd = 10.
• D)Qs = 5, Qd = 3.

---

Definitions:

Fossilized Form

The preserved remains or impression of a living organism in stone, capturing its appearance at the time of the organism's death and mineralization.

Organism

A living entity, such as a plant, animal, fungus, or microorganism, that is capable of growing, reproducing, responding to stimuli, and maintaining homeostasis.

Extinct Animals

Species of animals that have died out and no longer exist on Earth.

Fossils

Preserved remains, impressions, or traces of once-living organisms from the past, typically found in sedimentary rocks, providing insights into the history of life on Earth.