Which of the Following Would Cause an Increase in the Equilibrium

question 87

Multiple Choice

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

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

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Definitions:

Conservative Opposition

Political or ideological opposition based on conserving traditional institutions, values, and practices against more liberal or progressive changes.

Second New Deal

A series of programs and reforms introduced by President Franklin D. Roosevelt in the 1930s aimed at economic recovery and social welfare improvements during the Great Depression.

Depression

A severe and prolonged downturn in economic activity characterized by high unemployment, falling prices, and decreased production, or clinically, a mental health disorder marked by persistent sadness and lack of interest.

United Mine Workers

A labor union that represents coal miners in the United States and Canada, advocating for workers' rights and safety since its founding in 1890.