Suppose the Price of CDs Increases from $12 to $15

question 2

Multiple Choice

Suppose the price of CDs increases from $12 to $15 per CD. The law of supply states that if other things are constant:

• A) quantity supplied will increase.
• B) quantity supplied will decrease.
• C) quantity demanded will increase.
• D) quantity demanded will decrease.

---

Definitions:

Homeschooled

The education of children at home, typically by parents or tutors, rather than in a traditional public or private school setting.

College Acceptance Rates

The percentage of applicants who are offered admission into a college or university, reflecting the selectivity and competitiveness of the institution.

Child Care

The act of looking after children by a parent, guardian, or designated provider, ensuring their safety, well-being, and development.

Language Environment

The setting or context in which the use, learning, and exposure of language occurs, impacting linguistic development.