When Both Curves Shift

question 108

Multiple Choice

When both curves shift

• A) equilibrium price is always indeterminate.
• B) equilibrium quantity is always indeterminate.
• C) equilibrium price and equilibrium quantity are indeterminate.
• D) equilibrium price or equilibrium quantity is indeterminate,but we can't predict which one.
• E) neither equilibrium price nor equilibrium quantity is indeterminate.

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Definitions:

Amygdala

A part of the brain located in the temporal lobe, crucial for emotion processing, fear responses, and memory of emotional reactions.

Frontal Lobe

A region of the brain associated with executive functions such as decision making, problem-solving, and controlling behavior.

Corpus Collosum

A large band of neural fibers connecting the two hemispheres of the brain, facilitating interhemispheric communication.

Ventromedial Cortex

A region of the brain involved in emotional responses, decision-making, and the evaluation of rewards and risks.