Figure 4.7 -If Supply Increases in Figure 4.7,then the Equilibrium

question 104

Multiple Choice

Figure 4.7
-If supply increases in Figure 4.7,then the equilibrium

• A) price and quantity rise.
• B) price rises and quantity falls.
• C) price falls and quantity rises.
• D) price and quantity fall.

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Definitions:

Flooding

In psychology, a therapeutic technique involving exposure to a large amount of an undesirable stimulus in order to diminish the emotional response.

Intrapersonal

Relates to internal thought processes, personal values, and self-reflection within an individual.

Cognition

The mental action or process of acquiring knowledge and understanding through thought, experience, and the senses.

Affects

Refers to the experience of feeling or emotion in psychological context.