Which of the Following Statements Is CORRECT

question 457

Multiple Choice

Which of the following statements is CORRECT?

• A) When demand increases, both the price and the quantity increase.
• B) When demand decreases, the price rises and the quantity decreases.
• C) When supply increases, the quantity decreases and the price rises.
• D) When supply decreases, both the price and the quantity decrease.

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Definitions:

Families In Poverty

Households living below the income threshold which is considered necessary to meet basic needs.

Chronic Illnesses

Long-term health conditions that require ongoing management over a period of years or decades, often without a definitive cure.

Caring Classroom

An educational environment characterized by support, understanding, and mutual respect among teachers and students.

Protective Factors

Elements in an individual's life that reduce the impact of risk and adversity, promoting positive outcomes.