Equilibrium Quantity Must Decrease When Demand

question 108

Multiple Choice

Equilibrium quantity must decrease when demand

• A)increases and supply does not change,when demand does not change and supply decreases,and when both demand and supply decrease.
• B)increases and supply does not change,when demand does not change and supply increases,and when both demand and supply decrease.
• C)decreases and supply does not change,when demand does not change and supply increases,and when both demand and supply decrease.
• D)decreases and supply does not change,when demand does not change and supply decreases,and when both demand and supply decrease.

---

Definitions:

Likert Scale

A psychometric scale commonly involved in research that employs questionnaires. It is used for assessing attitudes by asking respondents to rate their level of agreement to a statement.

Strongly Agree

A term used in surveys and questionnaires indicating a high level of concurrence with a stated proposition.

Consistent Personality Traits

Aspects of an individual's character that are stable over time and across situations.

Television Performers

Professionals who act, host, or perform in television shows or broadcasts.