Suppose We Observe a Fall in the Price of Good

question 139

Multiple Choice

Suppose we observe a fall in the price of good A and an increase in the quantity of good A bought and sold.Which one of the following is a likely explanation?

• A)The law of supply is violated.
• B)The demand for A decreased.
• C)The demand for A increased.
• D)The supply of A increased.
• E)The supply of A decreased.

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Definitions:

Risk Of Litigation

The potential for legal action to be taken against an individual or organization, often due to negligence or failure to meet accepted standards.

Objective Charting

A method of documentation in healthcare that focuses on observable and measurable facts to describe patient status and progress.

Diaphoretic

Pertaining to or experiencing profuse sweating as a symptom of disease or a side effect of medication.

Ashen

Describing a pale, grayish skin color, typically resulting from shock, illness, or fear, indicating a lack of blood flow or oxygenation.