If a Market Is Allowed to Move Freely to Its

question 65

Multiple Choice

If a market is allowed to move freely to its equilibrium price and quantity,then an increase in supply will

• A)increase consumer surplus.
• B)reduce consumer surplus.
• C)not affect consumer surplus.
• D)Any of the above are possible.

---

Definitions:

Sorting

The process of separating items into categories or groups based on specific criteria, often used in data organization or processing.

Recording

The action or process of capturing data, sounds, images, or performances through electronic means for storage, analysis, or reproduction.

Transparent Window

A clear section of material, often glass or plastic, that allows light to pass through while providing a barrier to other elements.

Envelopes

In a biological context, refers to membranous structures that enclose or encapsulate parts of cells or viruses.