Equilibrium Quantity Must Decrease When Demand

question 108

Multiple Choice

Equilibrium quantity must decrease when demand

• A)increases and supply does not change,when demand does not change and supply decreases,and when both demand and supply decrease.
• B)increases and supply does not change,when demand does not change and supply increases,and when both demand and supply decrease.
• C)decreases and supply does not change,when demand does not change and supply increases,and when both demand and supply decrease.
• D)decreases and supply does not change,when demand does not change and supply decreases,and when both demand and supply decrease.

Understand the application and limitations of social skills training in managing social anxiety disorder.

Comprehend the typical age of onset for obsessive-compulsive disorder (OCD) and its implications for diagnosis and treatment.

Know the types of pharmacological treatments effective for managing obsessive-compulsive disorder and their target neurotransmitter systems.

Understand the concept of marginal product and how it changes with additional labor inputs.

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Definitions:

Weighted Average Cost

The total cost of goods available for sale divided by the number of goods available for sale, giving each item a weight proportional to its cost.

Cost of Equity

The return a firm theoretically pays to its equity investors, i.e., shareholders, to compensate them for the risk of investing in the company.