An Increase in Both Equilibrium Price and Quantity Is a Consequence

question 117

Multiple Choice

An increase in both equilibrium price and quantity is a consequence of:

• A) increase in supply.
• B) increase in demand.
• C) decrease in demand
• D) decrease in supply

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Definitions:

ADH

Antidiuretic Hormone, a hormone that helps regulate water balance in the body.

Hyposecretion

A condition where a gland produces less of its hormone or secretion than the normal level.

Excessive Urination

The condition of urinating more frequently than usual, which can be an indicator of various health issues.

Adrenal Gland

Small, triangular glands located on top of both kidneys that produce hormones that help regulate metabolism, immune system, blood pressure, and stress responses.