Which of the Following Is Evidence of a Shortage of Chocolate

question 41

Multiple Choice

Which of the following is evidence of a shortage of chocolate?

• A)Firms lower the price of chocolate.
• B)The price of chocolate is raised in order to increase sales.
• C)The equilibrium price of chocolate falls due to a decrease in demand.
• D)The quantity of chocolate demanded is greater than the quantity supplied.

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Definitions:

If Statements

Conditional statements that execute a block of code if a specified condition evaluates to true.

Relational Operator

Operators that compare two values and determine the relationship between them, such as greater than, less than, equal to, etc.

Not

A logical operator that inverts the truth value of the operand.

CompareTo

A method in various programming languages that compares two values or objects, returning a numerical value indicating their relative order.