Equilibrium Price Must Increase When Demand

question 78

Multiple Choice

Equilibrium price must increase when demand

• A)increases and supply does not change,when demand does not change and supply decreases,and when demand decreases and supply increases simultaneously.
• B)increases and supply does not change,when demand does not change and supply decreases,and when demand increases and supply decreases simultaneously.
• C)decreases and supply does not change,when demand does not change and supply increases,and when demand decreases and supply increases simultaneously.
• D)decreases and supply does not change,when demand does not change and supply increases,and when demand increases and supply decreases simultaneously.

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Definitions:

Split Form

In database software, a form type that simultaneously displays data in a form view and a datasheet view, facilitating data entry and browsing.

Book Rep

A representative specializing in the promotion and sales of books, often working for a publishing company.

Datasheet

A digital or physical spreadsheet used to record, organize, and manage data in tabular form.

Multilookup Field

In databases, a field that can reference the values from multiple tables or sources, enabling complex data relationships and queries.