Which of the Following Would Cause a Decrease in the Equilibrium

question 18

Multiple Choice

Which of the following would cause a decrease in the equilibrium price and an increase in the equilibrium quantity of salmon?

• A)a decrease in demand and an increase in supply
• B)an increase in supply
• C)an increase in supply and an increase in demand greater than the increase in supply
• D)a decrease in demand and a decrease in supply

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Definitions:

Trait Approach

A methodology in psychology focused on the identification and measurement of specific personality traits as key components in understanding human behavior.

Trait Researchers

Psychologists who study characteristics that are consistent over time and across situations, focusing on identifying and measuring individual differences in personality.

Mechanisms

The processes or means through which an effect is produced or a purpose is accomplished.

Typology Systems

Classification schemes that categorize individuals or things based on common characteristics.