Assume the Typical Shapes of the Demand and Supply Curves

question 95

Multiple Choice

Assume the typical shapes of the demand and supply curves.If both demand and supply increase in a competitive market,the equilibrium price will

• A) always rise
• B) always fall
• C) rise if demand increases more than supply increases
• D) fall if demand increases more than supply increases
• E) remain unchanged

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Definitions:

DSM-IV-TR

The fourth edition, text revision of the Diagnostic and Statistical Manual of Mental Disorders, a guide used by clinicians to diagnose mental disorders.

DSM-III-R

DSM-III-R, the Diagnostic and Statistical Manual of Mental Disorders, Third Edition, Revised, is a historical version of the American Psychiatric Association's manual, used for diagnosing and classifying mental disorders.

Mental Disorder

A wide range of mental health conditions that affect one's mood, thinking, and behavior.

Free-Floating Anxiety

Anxiety that is not linked to any specific situation or object and is a persistent feeling of uneasiness or dread.