When the Price Is $2

question 136

Multiple Choice

When the price is $2

• A)quantity supplied is greater than quantity demanded and,therefore,price must rise to get to equilibrium.
• B)quantity supplied is less than quantity demanded and,therefore,price must fall to get to equilibrium.
• C)quantity demanded is greater than quantity supplied and,therefore,price must rise to get to equilibrium.
• D)quantity demanded is greater than quantity supplied and,therefore,price must fall to get to equilibrium.

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Definitions:

Likert

Refers to a psychometric scale commonly used in surveys to measure attitudes or opinions, typically allowing respondents to express the degree of their agreement with statements.

Closed-Ended

Pertaining to a type of question or statement in surveys or research that limits responses to predetermined options.

Cooperative Play

A form of play where individuals work together towards a common goal or objective, emphasizing teamwork and collaboration.

Playground Equipment

Fixed or movable outdoor installations designed for children to play on, such as slides, swings, and climbing frames.