If Demand Increases and Supply Decreases in a Market That

question 78

Multiple Choice

If demand increases and supply decreases in a market that is in equilibrium,quantity will:

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

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Definitions:

Trait

A distinguishing quality or characteristic, typically one belonging to a person.

Behavior

The observable actions or responses of humans or animals in response to external or internal stimuli.

Genes

Units of heredity made up of DNA that act as instructions to make molecules called proteins, influencing the development, functioning, and reproduction of organisms.

Behavior Geneticists

Scientists who study the genetic and environmental influences on human behavior, often through twin and adoption studies.