Which of the Following Events Must Cause Equilibrium Price to Rise

question 116

Multiple Choice

Which of the following events must cause equilibrium price to rise?

• A)demand increases and supply decreases
• B)demand and supply both decrease
• C)demand decreases and supply increases
• D)demand and supply both increase

---

Definitions:

Therapeutic Indication

The specific condition or disease that a medication or treatment is used to address.

Immediate Pain Relief

Quick alleviation of pain using medical treatments or interventions shortly after discomfort begins.

Morphine

is a potent opiate analgesic medication derived from the opium poppy, used to relieve severe pain.

Hydromorphone

Hydromorphone is a powerful prescription opioid analgesic medication used for the relief of moderate to severe pain.