If Demand Increases and Supply Decreases,then the

question 30

Multiple Choice

If demand increases and supply decreases,then the

• A)equilibrium quantity increases but the effect on the equilibrium price is unknown.
• B)equilibrium quantity decreases but the effect on the equilibrium price is unknown.
• C)equilibrium price falls but the effect on the equilibrium quantity is unknown.
• D)equilibrium price rises but the effect on the equilibrium quantity is unknown.
• E)effect on both equilibrium price and quantity is unknown.

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Definitions:

PAIBOC Questions

PAIBOC Questions are a set of questioning strategies used in communication planning and analysis, focusing on Purpose, Audience, Information, Benefits, Objections, and Context.

Planning

The process of making plans for something, involving the formulation of goals, strategies, and tasks.

Negative Message

Communication that conveys unfavorable or adverse information, decisions, or feedback.

Negative Message

Communication that conveys denial, refusal, or bad news to the recipient in a diplomatic and courteous manner.