If Supply Increases and Demand Decreases, Then Equilibrium Price Will

question 127

True/False

If supply increases and demand decreases, then equilibrium price will fall.

---

Definitions:

Flashbulb Memories

Vivid, detailed memories of significant or emotional events, which seem to be recorded in one's memory just like a photograph.

Confidence

The feeling or belief that one can rely on someone or something; firm trust.

Distortion

A modification of the original shape or other characteristic of an object, image, sound, or waveform.

Eyewitness Memory

The recollection by individuals of events they have witnessed, especially significant to criminal investigations.