Suppose That the Equilibrium Price of Pickles Falls,while the Equilibrium

question 94

Multiple Choice

Suppose that the equilibrium price of pickles falls,while the equilibrium quantity rises.The most consistent explanation for these observations is

• A) a decrease in the demand for pickles with no change in supply.
• B) an increase in the demand for pickles with no change in supply.
• C) a decrease in the supply of pickles and a decrease in the demand for pickles.
• D) a decrease in the supply of pickles with no change in demand.
• E) an increase in the supply of pickles with no change in demand.

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Definitions:

Hypnosis

A procedure in which the practitioner suggests changes in a subject’s sensations, perceptions, thoughts, feelings, or behavior.

Schizophrenia

A mental disorder characterized by disturbances in thought, perception, and behavior, leading to a disconnection from reality.

Disorganized Speech

A symptom of some psychiatric disorders, characterized by incoherent or nonsensical talk and a lack of logical connection between thoughts.

Heritable Factors

Traits or characteristics that are passed from parents to offspring through genes.