Equilibrium Price Must Increase When Demand

question 78

Multiple Choice

Equilibrium price must increase when demand

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

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Definitions:

Wernicke's Aphasia

A neurological disorder characterized by impaired comprehension of language and the production of nonsensical speech, resulting from damage to the posterior region of the temporal lobe.

Spoken Language

The method of human communication using spoken words, which involves the use of vocal sounds and language structures.

Word Deafness

A rare auditory disorder where an individual is unable to understand spoken words despite having normal hearing abilities.

Auditory Aphasia

A neurological condition characterized by the inability to understand or process spoken language despite normal hearing capacity.