If Demand Decreases,what Happens to the Price of a Product,as

question 169

Multiple Choice

If demand decreases,what happens to the price of a product,as well as producer surplus

• A)The price will increase and the producer surplus will increase.
• B)The price will decrease and the producer surplus will increase.
• C)The price will decrease and the producer surplus will decrease.
• D)The price will increase and the producer surplus will decrease.

---

Definitions:

Nursing Progress Notes

Documentation by healthcare providers in the nursing field to record the care and treatment of patients over time.

Large Abdominal Wound

A significant injury or open area in the skin and underlying tissue of the abdomen.

Medical-Surgical Floor

A hospital unit specializing in providing care for a wide range of patients, including those recovering from surgery or with various medical conditions.

Delegate

The act of assigning authority or responsibility to another person to carry out specific activities.