Consider a Market That Is in Equilibrium

question 6

Multiple Choice

Consider a market that is in equilibrium.If it experiences an increase in supply,what will happen? The supply curve will shift to the:

• A) right and the equilibrium price and quantity will rise.
• B) right and the equilibrium price will decrease and the equilibrium quantity will increase.
• C) right and the equilibrium price and quantity will fall.
• D) left and the equilibrium price and quantity will fall.

---

Definitions:

Physically Attractive

Having features, appearance, or qualities that are appealing to the senses, particularly sight.

What Is Beautiful Is Good Effect

A social psychological bias where people tend to attribute positive qualities and traits to physically attractive individuals.

Physically Attractive Men

Individuals who are considered to possess features that are culturally associated with male beauty and physical appeal.

Physically Attractive Women

Women who are considered to meet societal standards of physical beauty, often influenced by factors like symmetry, healthiness, and youthfulness.