Assuming That the Demand and Supply of a Good Have

question 223

Multiple Choice

Assuming that the demand and supply of a good have moved in opposite directions, but by the same amount, the new equilibrium would represent:

• A)​an increase in price and an increase in quantity exchanged.
• B)​no change in price and an increase in quantity exchanged.
• C)​a decrease in price and a decrease in quantity exchanged.
• D)​an indeterminate change in price, but no change in quantity exchanged.

---

Definitions:

Gonorrhea

A sexually transmitted infection caused by the bacterium Neisseria gonorrhoeae, which can infect both males and females, often resulting in pain and discharge.

Chlamydia

A common sexually transmitted infection (STI) caused by the bacterium Chlamydia trachomatis, which can affect both men and women.

Genital Herpes

A sexually transmitted infection (STI) caused by the herpes simplex virus, leading to outbreaks of painful sores on the genitals.

Nerve Fibers

Long, slender projections of neurons that transmit electrical impulses away from the neuron's cell body, facilitating communication within the nervous system.