An Increase in Demand Will Cause A(n)

question 15

Multiple Choice

An increase in demand will cause a(n)

• A)increase in supply
• B)decrease in supply
• C)decrease in quantity supplied
• D)increase in quantity supplied
• E)decrease in equilibrium price

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Definitions:

Escalation

A situation where actions or events become more intense or serious, often leading to further conflict or a higher level of crisis.

Election Results

The final tallies or outcomes of a voting process that determine which candidates or referendums have succeeded or failed.

2006

A year in the Gregorian calendar, notable for various global events in politics, science, and culture.

2008

A year marked globally by significant events including the financial crisis, which was among the worst economic downturns since the Great Depression, and the election of Barack Obama as the 44th president of the United States.