In Year 1 the Price of Good X Is $10

question 203

Multiple Choice

In year 1 the price of good X is $10 and 100 units are bought and sold.In year 2 the price of good X is $13 and 230 units are bought and sold.What can explain this?

• A) The supply of good X was higher in year 2 than in year 1 and the demand for good X was the same in year 2 as in year 1.
• B) The demand for good X was higher in year 2 than in year 1 and the supply of good X was the same in year 2 as in year 1.
• C) Both the demand for,and supply of,good X were higher in year 2 than in year 1.
• D) b or c
• E) a,b,or c

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Definitions:

Unethical Communicators

Individuals or entities that engage in dishonest or manipulative communication practices, violating ethical standards.

Ethical Communicators

Individuals who adhere to principles of honesty, clarity, accuracy, and respect in all forms of communication.

Deceive

To intentionally cause someone to believe something that is not true, typically in order to gain some personal advantage.

Indirect Strategy

A communication method where the main idea or request is presented after providing background information or rationale.