If We Observe a Decrease in the Equilibrium Quantity of Good

question 53

Multiple Choice

If we observe a decrease in the equilibrium quantity of good A,we know that

• A)either the demand for A has increased or the supply of A has decreased or both.
• B)either the demand for A has increased or the supply of A has increased or both.
• C)either the demand for A has decreased or the supply of A has increased or both.
• D)either the demand for A has decreased or the supply of A has decreased or both.
• E)the price of A has fallen.

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Definitions:

DLCs

Stands for Downloadable Content, additional content created for an already released video game, distributed through the internet.

J1939 Data Bus

A communications network used in heavy-duty vehicles and buses for the exchange of electronic information between control units.

MY 2014

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Smart Switch

Usually refers to a ladder switch but also may refer to either a PLC or switch with independent processing capability.