If Demand Increases While Supply Decreases, Then the Equilibrium Price

question 252

Multiple Choice

If demand increases while supply decreases, then the equilibrium price

• A) always increases.
• B) always decreases.
• C) may increase, decrease, or stay the same.
• D) never changes.

Grasp the concept of horizontal and vertical structuring in multinational organizations.

Analyze the strategic resource benefits of engaging in international business.

Understand the decision-making process regarding making or buying components.

Analyze special offers and their impact on net income.

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Definitions:

Short-term Memory

A cognitive system with a limited capacity that is responsible for the temporary storage and manipulation of information.

Hypnotized

Being in a state induced by hypnotism where one exhibits increased responsiveness to suggestions and commands, often used for therapeutic reasons or entertainment.

Basic Traits

Fundamental personality characteristics that are believed to be inherent, stable, and defining features of individuals.

Dreams

Dreams are sequences of images, ideas, emotions, and sensations that occur involuntarily in the mind during certain stages of sleep.