In the Figure Above,if Point "A" Represents the Original Equilibrium

question 284

Multiple Choice

In the figure above,if point "a" represents the original equilibrium and point "b" the new equilibrium,then

• A) there has been an increase in supply.
• B) there has been an increase in demand.
• C) there has been a change in the quantity supplied and no change in supply.
• D) Both answers B and C are correct.
• E) Both answers A and B are correct.

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Definitions:

Rehearsed

Refers to the practice or repetition of information to aid in its retention and recall.

Acoustic Code

The transformation of visual experiences into an auditory message.

Transformational Representation

The cognitive process of representing complex information and structures differently in the mind to facilitate understanding or problem-solving.

Situational Awareness

The perception of the elements in the environment within a volume of time and space, the comprehension of their meaning, and the projection of their future status.