Examlex

Solved

In the Figure Given Below D1 and S1 Are the Original

question 63

Multiple Choice

In the figure given below D1 and S1 are the original demand and supply curves. Figure 3.1
In the figure given below D<sub>1</sub> and S<sub>1</sub> are the original demand and supply curves. Figure 3.1   -Refer to Figure 3.1.If demand shifts from D<sub>1</sub> to D<sub>2</sub> and supply shifts from S<sub>1</sub> toS<sub>2</sub>: A) equilibrium price will rise to F,but equilibrium quantity will remain at B B) equilibrium price will move to C and equilibrium quantity to G C) demand will decrease and supply will increase. D) equilibrium price will rise to G,and equilibrium quantity will remain at B E) both equilibrium price and equilibrium quantity will decrease.
-Refer to Figure 3.1.If demand shifts from D1 to D2 and supply shifts from S1 toS2:


Definitions:

Consummate Love

A type of love described by psychologist Robert Sternberg as having three components: intimacy, passion, and commitment.

Commitment

A dedication or obligation that restricts freedom of action.

Lonely People

Individuals who experience a subjective feeling of isolation or lack of companionship.

Social Skills

The abilities necessary to communicate, interact, and form relationships with others effectively.

Related Questions