When Demand and Supply Both Decrease,equilibrium Price Will _________ and Equilibrium

question 1

Multiple Choice

When demand and supply both decrease,equilibrium price will _________ and equilibrium quantity will ________.

• A)increase;decrease
• B)decrease;decrease
• C)remain the same;decrease
• D)All of these are correct.

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Definitions:

Race Indication

Information or signs that suggest or determine an individual's racial background or identity.

Test Performance

Refers to an individual's performance on standardized tests, measuring aspects like intelligence, aptitude, or specific skills.

Stereotype Threat

The risk of confirming negative stereotypes about an individual's racial, ethnic, gender, or cultural group, which can impair performance in a variety of settings.

Performance Impairment

A decrease in the ability to perform tasks or activities at a previously established level of competence, often due to physiological or psychological factors.