In Which of the Following Instances Is the Effect on Equilibrium

question 117

Multiple Choice

In which of the following instances is the effect on equilibrium price dependent on the magnitude of the shifts in supply and demand?

• A) Demand rises and supply rises.
• B) Supply falls and demand remains constant.
• C) Demand rises and supply falls.
• D) Supply rises and demand falls.

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Definitions:

Medical Examinations

Health assessments conducted to evaluate an individual's fitness for work or to diagnose any job-related illnesses or conditions.

Job Offer

A formal proposal by an employer to a prospective employee to take up a specific job position, often including details of the salary and terms of employment.

Disabilities

Conditions of the body or mind that make it more difficult for the person with the condition to do certain activities and interact with the world around them.

Discrimination Complaints

Refers to formal grievances raised by employees or job applicants who believe they have been treated unfairly or prejudicially in the workplace due to their race, gender, age, disability, religious beliefs, or other protected characteristics.