If Demand Rises and Supply Remains the Same,equilibrium Price Will

question 236

Multiple Choice

If demand rises and supply remains the same,equilibrium price will _____ and equilibrium quantity will _____.

• A)rise,rise
• B)fall,fall
• C)rise,fall
• D)fall,rise

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Definitions:

Type A Personality

A personality type characterized by competitiveness, impatience, aggressiveness, and a strong desire for achievement.

Relaxing

The act of reducing tension or anxiety, often through leisure activities or rest.

Short Term

A period of time that is immediate or not far in the future, usually considered to be within a few months up to a year.

Strong Feelings

Intense emotional states or reactions that are deeply felt and can influence thoughts and behavior.