If the Demand for a Good Falls by Less Than

question 42

Multiple Choice

If the demand for a good falls by less than the supply of the good rises,then the good's equilibrium price will __________ and its equilibrium quantity will __________.

• A) rise; fall
• B) rise; rise
• C) fall; fall
• D) fall; rise

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Definitions:

Adrenal Glands

Small glands located on top of each kidney that produce hormones such as adrenaline and cortisol, which help regulate metabolism, immune system, blood pressure, and stress responses.

Pineal Gland

A small endocrine gland in the brain that produces melatonin, regulating sleep and wake patterns.

Pituitary Gland

A small endocrine gland located at the base of the brain that produces hormones regulating growth, metabolism, and reproductive functions.

GABA

Gamma-Aminobutyric Acid, a neurotransmitter in the brain that plays a key role in regulating nerve excitability and muscle tone.