When Both Supply and Demand Shift to the Right,equilibrium

question 53

Multiple Choice

When both supply and demand shift to the right,equilibrium

• A) price always rises.
• B) price always falls.
• C) quantity always falls.
• D) quantity always rises.
• E) quantity is indeterminate.

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Definitions:

Groupthink

A psychological phenomenon that occurs within a group of people when the desire for harmony or conformity results in an irrational or dysfunctional decision-making outcome.

Control of Attitude

The ability to regulate one's own emotional response or outlook, particularly in challenging or uncertain situations.

Positive Attitudes

Describes a mindset that focuses on the good aspects of situations, promotes optimism, and contributes to well-being.

Value Diversity

Appreciating and respecting the variety of differences in individuals, including culture, race, religion, gender, and sexual orientation.