If Demand Increases While Supply Decreases, Then the Equilibrium Price

question 252

Multiple Choice

If demand increases while supply decreases, then the equilibrium price

• A) always increases.
• B) always decreases.
• C) may increase, decrease, or stay the same.
• D) never changes.

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Definitions:

Therapeutic Interventions

Actions or strategies used by health professionals to assist individuals in overcoming physical or mental health issues.

Cooperation

The act or process of working together towards common goals or benefits, often resulting in shared success or outcomes.

Trait

A stable characteristic or quality that describes a person's typical behavior or attitude.

Spontaneous Remission

The unexpected improvement or cure of a disease or condition without medical intervention, often seen in cases such as cancer.