Which of the Following Events Will Definitely Cause Equilibrium Quantity

question 47

Multiple Choice

Which of the following events will definitely cause equilibrium quantity to fall?

• A) demand increases and supply decreases
• B) demand and supply both decrease
• C) demand decreases and supply increases
• D) demand and supply both increase

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Definitions:

Kilograms

A unit of mass in the International System of Units (SI), equal to 1000 grams.

Tim Hortons

A chain of coffee and fast-food restaurants primarily found in Canada, known for its coffee and donuts.

Drive-Thru

A type of service provided by businesses that allows customers to purchase goods without leaving their cars.

Kilometres

A measurement of distance in the metric system that equals 1,000 meters, frequently used to gauge the space between different geographic points.