-Refer to the Above Graph to Answer This Question

question 11

Multiple Choice

-Refer to the above graph to answer this question.How could you describe the movement from point A to point B?

• A)An increase in demand which leads to a decrease in the equilibrium price and an increase in supply.
• B)An increase in supply which leads to an increase in the equilibrium price and an increase in demand.
• C)An increase in demand which leads to an increase in the equilibrium price and an increase in the quantity supplied.
• D)An increase in supply which leads to an increase in the equilibrium price and an increase in the quantity demanded.
• E)An increase in demand which leads to an increase in supply and an increase in the equilibrium price.

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Definitions:

Reliability

The level of consistency and stability in the results produced by an assessment instrument across time.

Validity

The extent to which a test accurately measures what it is intended to measure.

Correlation

A statistical measure that describes the extent to which two variables change together, but does not necessarily imply causation.

Discriminant Validity

The extent to which a test or experiment measures different constructs, demonstrating that the scales do not correlate too highly with measures from which they should differ.