A Change in the Price of a Good Causes

question 142

Multiple Choice

A change in the price of a good causes

• A) an increase in supply.
• B) a decrease in supply.
• C) an increase in demand and a decrease in supply.
• D) a change in quantity supplied.

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Definitions:

Speech Recognition Technology

Advanced software that enables devices to recognize, understand, and process the spoken word as a form of human-computer interaction.

EHR System

Electronic Health Record System, a digital version of a patient’s paper chart, making health information instantly accessible and organized for healthcare providers.

Short-Term Disability Leave

A period of absence from work granted to employees who are temporarily unable to perform their jobs due to a medical condition.

Purchasing Group

A consortium of buyers who pool their resources to buy goods or services collectively, typically to obtain lower prices.