-Refer to the Information Above to Answer This Question

question 128

Multiple Choice

-Refer to the information above to answer this question.Assume that the market was at equilibrium and that demand increases by 20 units.What will be the new equilibrium price and quantity?

• A)Price will rise by $2 and quantity traded will rise by 20 units.
• B)Price will fall by $2 and quantity traded will fall by 20 units.
• C)Price will rise by $1 and quantity traded will rise by 10 units.
• D)Price will fall by $1 and quantity traded will fall by 10 units.

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Definitions:

Split Personality

A term formerly used to describe a condition in which an individual displays multiple distinct identities or personalities, now more accurately referred to as Dissociative Identity Disorder.

Evgen Bleuler

A Swiss psychiatrist best known for renaming dementia praecox to “schizophrenia,” and for his contributions to the understanding of mental illness.

Sigmund Freud

A pioneering neurologist and the founder of psychoanalysis, known for his theories on the unconscious mind, the development of sexuality, and dream symbolism.

Childlike

Exhibiting qualities traditionally associated with children, such as innocence, naivety, and a sense of wonder.