The Law of Supply and Demand Asserts That

question 129

Multiple Choice

The law of supply and demand asserts that

• A)demand curves and supply curves tend to shift to the right as time goes by.
• B)the price of a good will eventually rise in response to an excess demand for that good.
• C)when the supply curve for a good shifts,the demand curve for that good shifts in response.
• D)the equilibrium price of a good will be rising more often than it will be falling.

---

Definitions:

Down's Syndrome

A genetic disorder caused by the presence of all or part of an extra 21st chromosome, characterized by developmental delays and physical features.

Pregnant Women

Females undergoing the physiological condition of carrying one or more embryos or fetuses within the womb.

Fantasy Stage

A period in child development where imagination and make-believe play are prevalent, allowing for exploration of identity and experience.

Career Development

The continuous journey of controlling education, employment, leisure activities, and changes with the aim of progressing towards a self-directed and continuously developing ideal future.