If Demand and Supply Both Decrease

question 169

Multiple Choice

If demand and supply both decrease

• A) the equilibrium quantity definitely will decrease, and the market clearing price definitely will decrease.
• B) the equilibrium quantity definitely will decrease, and the market clearing price definitely will increase.
• C) the market clearing price definitely will decrease, but the change in the equilibrium quantity cannot be determined without more information.
• D) the equilibrium quantity definitely will decrease, but the change in market clearing price cannot be determined without more information.

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Definitions:

Positron-Emission Tomography

An imaging test that uses a radioactive substance to visualize and measure metabolic processes in the body.

Single Photon Emission

A process used in medical imaging that involves detecting gamma rays emitted indirectly by a tracer, which is introduced into the body.

Tracer Substance

A compound used in medical and biological research to track the passage or quantity of substances through the body or in a specific process.

SPECT Accuracy

The precision and reliability of Single Photon Emission Computed Tomography, a type of nuclear medicine tomographic imaging technique using gamma rays.