If Demand Increases While Supply Decreases, Then the Equilibrium Price

question 252

Multiple Choice

If demand increases while supply decreases, then the equilibrium price

• A) always increases.
• B) always decreases.
• C) may increase, decrease, or stay the same.
• D) never changes.

---

Definitions:

Sexual Maturity

Sexual maturity is the stage in an organism's life cycle when it has reached the ability to reproduce, characterized by the development of secondary sexual characteristics and reproductive organs.

Puberty

The phase in human development during which a child matures sexually and becomes capable of reproduction.

Adolescence

The period of maturation involving both mental and physical changes, occurring from puberty to the age of legal responsibility.

Menarche

The commencement of menstruation in females, indicating the start of reproductive ability.