In Which of the Following Situations Is the Change in the Equilibrium

question 171

Multiple Choice

In which of the following situations is the change in the equilibrium price of a good indeterminate?

• A) when supply decreases and demand increases
• B) when demand decreases and supply increases
• C) when demand remains constant and supply increases
• D) when supply and demand both decrease
• E) when supply remains constant and demand increases

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Definitions:

Relaxation Training

A therapeutic technique utilized to help individuals reduce stress and anxiety, typically involving exercises that promote physical and mental calm.

Biofeedback Training

A technique that teaches individuals to control physiological functions by using signals from their own bodies.

Meditation

A practice of concentrated focus upon a sound, object, visualization, the breath, movement, or attention itself in order to increase awareness of the present moment, reduce stress, promote relaxation, and enhance personal and spiritual growth.

Self-instruction Training

A cognitive technique that involves teaching individuals to give themselves positive verbal instructions to overcome difficulties or enhance performance.