If Quantity Supplied Increased by 4 Units at Each Price

question 108

Multiple Choice

If quantity supplied increased by 4 units at each price, you would conclude that

• A)demand increased.
• B)demand decreased.
• C)supply increased.
• D)supply decreased.

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Definitions:

Stagnation

A period of inactivity or lack of growth and development within a system or organization.

Slowdown

is a decrease in speed or performance, often deliberately used as a form of protest or to signal dissatisfaction among workers.

Enthusiasm

Intensity of interest; the passion one has for a purpose or task; a leadership quality that ignites the interest and energy of others.

Statecraft

Statecraft refers to the skillful management of state affairs and the strategic practice of diplomacy and governance.