The Price of a Good Will Rise If

question 31

Multiple Choice

The price of a good will rise if

• A)demand for the good decreases.
• B)supply of the good decreases.
• C)there is a surplus of the good.
• D)the price of a substitute for the good decreases.
• E)the good is an inferior good and income increases.

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Definitions:

Narcotic Analgesics

A class of drugs that are used to provide pain relief, have a high potential for addiction, and can induce sleep.

Misconceptions And Myths

Incorrect beliefs or ideas that are widely held but baseless or unfounded in reality.

Chronic Pain

Persistent or recurring pain that lasts beyond the typical duration of healing, often without a clear cause.

Spinal Cord Injury

Damage to the spinal cord that results in a loss of function, such as mobility or sensation, below the site of the injury.