Which of the Following Would Result from an Increase in the Supply

question 73

Multiple Choice

Which of the following would result from an increase in the supply of a good?

• A) Both equilibrium price and quantity would rise.
• B) Both equilibrium price and quantity would fall.
• C) Equilibrium price would rise, and equilibrium quantity would fall.
• D) Equilibrium quantity would rise, and equilibrium price would fall.

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Definitions:

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DiSC Inventory

A behavioral assessment tool that identifies individuals' personality profiles based on Dominance, Influence, Steadiness, and Conscientiousness.

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