Which of the Following Could Not Cause an Increase in Both

question 45

Multiple Choice

Which of the following could not cause an increase in both the equilibrium price and quantity of a good exchanged?

• A)​Increased input prices.
• B)​Decreased incomes for an inferior good.
• C)​An increase in the price of a substitute good.
• D)​Increased tastes for the good.

Distinguish between different types of misrepresentations (fraudulent, negligent, innocent) and their implications.

Understand the role of scienter in misrepresentation cases.

Know the legal remedies available when a contract is entered into under mistake, violence, intimidation, undue influence, or fraud.

Understand the classification of mistakes in contract law and their consequences.

---

Definitions:

Esophagus

Tubular organ that connects the pharynx to the stomach.

Throat

Part of the neck in front of the spinal column that contains the pharynx and larynx, allowing for passage of food to the esophagus and air to the lungs.

Albert Einstein

A theoretical physicist renowned for developing the theory of relativity, one of the two pillars of modern physics, and making significant contributions to the field of quantum mechanics.

Gandhi

A preeminent leader of the Indian independence movement in British-ruled India, known for his philosophy of nonviolent resistance.