Which of the Following Would Cause Both the Equilibrium Price

question 146

Multiple Choice

Which of the following would cause both the equilibrium price and equilibrium quantity of barley (assume that barley is an inferior good) to increase?

• A)an increase in consumer income
• B)a drought that sharply reduces barley output
• C)a decrease in consumer income
• D)unusually good weather that results in a bumper crop of barley

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Definitions:

Relationship Behaviors

Actions or patterns of action that influence the dynamics and quality of interpersonal relationships.

Authoritative Behaviors

Leadership actions that are assertive and decisive, often involving clear direction and control.

Task Behaviors

Actions focused on the logistics of job performance, including planning, organizing, and goal-setting.

Directing Behaviors

Actions taken by leaders to guide, command, or influence the actions and work of others.