It's Certain That the Equilibrium Price Will Fall When

question 15

Multiple Choice

It's certain that the equilibrium price will fall when:

• A) the supply curve and the demand curve both shift to the right.
• B) the supply curve shifts to the right and the demand curve shifts to the left.
• C) supply and demand both increase.
• D) supply decreases and demand stays the same.

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Definitions:

Never-married Mothers

Women who have children but have never been legally married, highlighting a specific demographic in societal studies.

Health

A condition of total health encompassing physical, psychological, and social aspects, beyond simply being free from illness or weakness.

Happier

Describes a state of greater joy or contentment compared to one's prior condition.

Cohabitation

The practice of cohabitating and engaging in a sexual relationship without the legal bonds of matrimony.