If Both the Supply and Demand for Computer Games Increase

question 118

Multiple Choice

If both the supply and demand for computer games increase, then the equilibrium price of the games:

• A)​is indeterminate and the equilibrium quantity rises.
• B)​is indeterminate and the equilibrium quantity falls.
• C)​falls and the equilibrium quantity also falls.
• D)​falls and the change in equilibrium quantity is indeterminate.

---

Definitions:

Derated

The process of operating a device below its rated maximum capability in order to prolong its life or ensure safety under certain conditions.

Raceway

An enclosed conduit that forms a physical pathway for electrical wiring, protecting wires and cables from damage and interference.

Ampacity

The maximum amount of electric current a conductor or device can carry before sustaining immediate or progressive deterioration.

Circular Mils

A unit of area used specifically in the calculation of wire cross-sectional areas, defined as the area of a circle with a diameter of one mil (one-thousandth of an inch).