Which of the Following Changes Would Tend to Both Decrease

question 153

Multiple Choice

Which of the following changes would tend to both decrease the quantity of a good traded and increase the price?

• A)​An increase in demand.
• B)​A decrease in demand.
• C)​An increase in supply.
• D)​A decrease in supply.

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Definitions:

Incorporates

To include or integrate parts into a whole, often referring to the inclusion of multiple aspects or elements into a single entity.

Eliminates

Refers to the act of removing or getting rid of something completely.

Evolutionary Psychologist

A professional who studies how evolutionary principles help explain the structure and function of the human mind and behavior.

Natural Selection

A fundamental mechanism of evolution where organisms better adapted to their environment tend to survive and produce more offspring.