Which of the Following Would Raise Both the Equilibrium Price

question 61

Multiple Choice

Which of the following would raise both the equilibrium price and the equilibrium quantity of strawberries?

• A) A decrease in the demand for strawberries.
• B) An increase in the demand for strawberries.
• C) A decrease in the supply of strawberries.
• D) An increase in the supply of strawberries.

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Definitions:

Unsolicited Sales Message

A promotional message received by a consumer without prior request, often perceived as intrusive or spam.

Attention-Getter

A technique or statement used to capture the audience's interest or focus at the beginning of a speech or presentation.

Persuasive Message

is a form of communication aimed at convincing the recipient to change their perspective, belief, or behavior through logical argument, emotional appeal, or credibility.

Product

An item or service produced or provided by a company, intended for sale and use by consumers or other businesses.