If the Supply of a Product Decreases by More Than

question 215

Multiple Choice

If the supply of a product decreases by more than the demand increases:

• A)the price will rise and the quantity traded will fall.
• B)the price will rise, but the quantity traded could either rise or fall.
• C)the price will fall, but the quantity traded could either rise or fall.
• D)the quantity traded will rise, but the price could either rise or fall.
• E)the quantity traded will fall, but the price could either rise or fall.

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Definitions:

Extra Electrons

Additional electrons that surpass the baseline number expected in an atom or molecule, often leading to negative charge and chemical reactivity.

Outermost Shell

Refers to the outermost layer of electrons surrounding an atomic nucleus.

Atomic Number

The atomic number is the number of protons found in the nucleus of an atom, determining the chemical properties of the element and its place in the periodic table.

Electrons

Subatomic particles with a negative charge, found orbiting the nucleus of an atom.