If, for a Given Amount of a Good or Service

question 91

Multiple Choice

If, for a given amount of a good or service, willingness to pay decreases, then:

• A) supply has increased.
• B) supply has decreased.
• C) demand has increased.
• D) demand has decreased.

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Definitions:

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A wearable identification that indicates a person's allergies, used in healthcare settings to prevent allergic reactions.

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The official processes or steps followed by an institution, such as a hospital or school, for entering or being admitted.

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A state where a patient is not awake or aware of themselves or their environment.

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The section of a hospital that provides immediate treatment to patients with acute illnesses or injuries.