Which of the Following Would Result in a Higher Equilibrium

question 86

Multiple Choice

Which of the following would result in a higher equilibrium quantity and an ambiguous change in equilibrium price?

• A)An increase in supply and demand
• B)An increase in supply and a decrease in demand
• C)A decrease in supply and demand
• D)A decrease in supply and an increase in demand

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Definitions:

American Politics

Involves the political structure, processes, issues, and actors in the United States, including government institutions, political parties, and elections.

Issue Network

A network of people in Washington D.C. – including bureaucrats, members of Congress, lobbyists, and policy specialists – who regularly discuss and advocate for certain policies.

Public Officials

Individuals holding office in the government, elected or appointed, who are entrusted with administering and implementing public policies.

Brown V. Board of Education

A landmark United States Supreme Court case in which the Court declared state laws establishing separate public schools for black and white students unconstitutional.