-Refer to the Above Graph to Answer This Question

question 15

Multiple Choice

-Refer to the above graph to answer this question.If the demand were to increase by 500 units and the supply were to increase by 200 units,what would be the resulting equilibrium price and quantity?

• A)$60 and 1,300.
• B)$70 and 900.
• C)$70 and 1,300.
• D)$80 and 900.
• E)$70 and 1,000.

---

Definitions:

1960s

A decade that spanned from January 1, 1960, to December 31, 1969, known for significant cultural, social, and political changes worldwide.

Human Relations

The study of interactions between individuals, focusing on improving job satisfaction, employee morale, and productivity.

Single-parent Families

Households in which one adult is responsible for the raising of children due to various circumstances such as divorce, separation, or death of a partner.

Workplace

The workplace is a location or environment where people engage in physical or intellectual tasks to produce goods or provide services.