If Both Demand and Supply Increases in a Market That

question 101

Multiple Choice

If both demand and supply increases in a market that is initially in equilibrium,price will:

• A)remain unchanged while quantity will decrease.
• B)remain unchanged while quantity will increase.
• C)increase only if supply increases more than demand.
• D)increase only if demand increases more than supply.
• E)decrease only if supply increases less than demand.

Understand and apply the concept of like terms in algebraic expressions.

Manipulate and simplify polynomial expressions.

Solve algebraic equations for specific variables.

Simplify expressions involving powers and roots.

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Definitions:

Sensory Memory

The shortest-term element of memory, it allows individuals to retain impressions of sensory information after the original stimuli have ended.

Procedural Memory

A form of memory that lasts for a long duration, which encompasses the instinctual recall of techniques and procedures.

Working Memory

The component of short-term memory responsible for the immediate, conscious processing of perceptual and linguistic information.

Mnemonics

Memory aids, especially those techniques that use vivid associations or patterns of letters, ideas, or relational concepts to facilitate the recall of information.