If Both the Supply and Demand Curves Shift Simultaneously,we Can

question 32

Multiple Choice

If both the supply and demand curves shift simultaneously,we can always predict what will happen to

• A) both the price and the quantity.
• B) either the price or the quantity, but not both.
• C) only the price.
• D) only the quantity.
• E) neither the price nor the quantity.

---

Definitions:

Operating Cycle

The amount of time it takes for a company to purchase inventory, sell the products, and collect cash from customers.

Held-to-maturity Debt Security

A classification for debt securities which the investor has the intent and ability to hold until they mature.

Amortized

The process of spreading out loan payments over time in equal installments, covering both principal and interest.