A Decrease in Supply Causes the Equilibrium Price to _____

question 13

Multiple Choice

A decrease in supply causes the equilibrium price to _____ and the equilibrium quantity to _____.

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

Understand the importance of nonverbal communication and professionalism in interviews.

Be aware of common mistakes during interviews and how to avoid them.

Recognize the value of asking insightful questions and having a two-way conversation during an interview.

Understand the role of pre-employment testing in the selection process.

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Definitions:

Vastus Medialis

A muscle in the quadriceps femoris group, located on the inner part of the thigh, that extends the knee.

Tibialis Anterior

A muscle in the lower leg that is responsible for dorsiflexing and inverting the foot.

Teres Major

A muscle of the upper limb that helps in the rotation and adduction of the arm.

Pronator Teres

A muscle in the forearm that helps to rotate the forearm palm-downward.