When Both Supply and Demand Shift to the Right

question 3

Multiple Choice

When both supply and demand shift to the right:

• A) equilibrium price always rises.
• B) equilibrium price always falls.
• C) equilibrium quantity always falls.
• D) equilibrium quantity always rises.
• E) equilibrium quantity is indeterminate.

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Definitions:

Organization Design

The process of structuring an organization's roles, responsibilities, and systems to effectively achieve its goals.

Boundaryless Organizations

An organizational philosophy emphasizing fluidity over hierarchical structures to foster faster decision making and greater flexibility.

Structural Barriers

Obstacles that physically or organizationally prevent individuals from accessing resources, opportunities, or services.

Coordination Problems

Challenges that arise in aligning tasks, activities, or efforts among different individuals or departments.