Which of the Following Would Cause an Increase in the Equilibrium

question 168

Multiple Choice

Which of the following would cause an increase in the equilibrium price and an increase in the equilibrium quantity of watermelons?

• A)An increase in demand and an increase in supply.
• B)An increase in supply.
• C)An increase in supply and an increase in demand greater than the increase in supply.
• D)A decrease in demand and an increase in supply.

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Definitions:

Behavioral Model

A framework in psychology that focuses on analyzing and understanding observable behaviors and their environmental determinants.

Leadership Focus

The concentration of leaders on specific areas or priorities crucial to achieving organizational objectives and guiding team success.

Theory Y

A management approach that assumes employees are inherently motivated and seek responsibility, contrasting with the controlling and directive approach of Theory X.

Human Nature

The fundamental characteristics, including ways of thinking, feeling, and acting, that humans tend to have naturally.