The Equilibrium Quantity of a Good Will Increase and Its

question 383

Multiple Choice

The equilibrium quantity of a good will increase and its equilibrium price might rise, fall, or stay the same when

• A) its demand and supply both increase.
• B) its demand increases and supply decreases.
• C) its demand decreases and supply increases.
• D) its demand and supply both decrease.

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Definitions:

Rain Shadow

A dry area on the leeward side of a mountainous area, where less rain falls due to the obstruction of precipitation by the mountains.

Ecological Communities

Groups of interacting species that live in the same area and are interconnected through various ecological processes.

Biome

A large ecological area on the Earth's surface, with flora and fauna adapting to its climate and geography, such as forests, deserts, and tundras.

Biome

A large community of plants and animals that occupies a distinct region defined by its climate and vegetation types, such as forests, deserts, grasslands, and tundras.