If Both Supply and Demand Decrease by the Same Amount,the

question 277

Multiple Choice

If both supply and demand decrease by the same amount,the equilibrium price

• A) does not change.
• B) rises.
• C) falls.
• D) cannot be predicted.
• E) None of the answers is correct because the price depends on what happens to the equilibrium quantity.

---

Definitions:

Gestures

Physical movements made by parts of the body, especially the hands, to express thoughts, emotions, or convey messages.

Filter Information

The process of selectively paying attention to certain stimuli while ignoring others, based on relevance or importance.

Upward Communication

Upward communication is the flow of information from lower levels of a hierarchy to higher levels, such as from employees to management, facilitating feedback and reporting.

Leaner Channels

Communication methods that involve fewer cues and less information richness, often used in more formal or straightforward exchanges.