An Increase in Supply, Other Things Being Equal, Will Cause

question 296

Multiple Choice

An increase in supply, other things being equal, will cause which of the following to occur?

• A) quantity supplied to decrease.
• B) quantity demanded to increase.
• C) a rightward shift in the demand curve as the price falls.
• D) a leftward shift in the demand curves as the price increases.

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Definitions:

Domestic Relationships

Relationships defined by family ties or living arrangements, including marriage, partnership, and familial connections.

Legal Presumption

A rule that requires a court or tribunal to assume a fact is true until it is disproven by evidence to the contrary.

Commercial Arrangements

Agreements or transactions between businesses or entities that are commercial in nature, often involving the exchange of goods or services.

Mental Incapacity

A state where an individual is unable to understand the nature and consequences of their actions, affecting their ability to enter legal agreements or make decisions.