Which of the Following Always Results in an Increase in Equilibrium

question 201

Multiple Choice

Which of the following always results in an increase in equilibrium price and quantity?

• A) an increase in supply and a decrease in demand
• B) an increase in demand with no change in supply
• C) an increase in supply with no change in demand
• D) all of the above

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Definitions:

Welfare

A system designed to support the well-being of individuals through financial aid, social services, and health care.

Participative Leadership Styles

Leadership approaches that involve team members in the decision-making process.

Committee Meetings

Gatherings of a group of people designated to deliberate on specific subjects or tasks.

Initiating Structure

Leadership behavior characterized by clearly defining roles, setting goals, and establishing well-defined patterns of organization and communication.