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-Which of the Following Statements Is True

Question 134

Multiple Choice

  -Which of the following statements is true? A)  If the quantity demanded increases from 4 units to 6 units,the market price will fall. B)  If the quantity demanded increases from 4 units to 6 units,the supply will increase. C)  If the quantity demanded increases from 4 units to 6 units,the market price will fall and the supply will increase. D)  Six units of pizza will be demanded if the market price of pizza is $4 instead of $6. E)  Only 4 units of pizza will be demanded even if the price of pizza is $4.
-Which of the following statements is true?


A) If the quantity demanded increases from 4 units to 6 units,the market price will fall.
B) If the quantity demanded increases from 4 units to 6 units,the supply will increase.
C) If the quantity demanded increases from 4 units to 6 units,the market price will fall and the supply will increase.
D) Six units of pizza will be demanded if the market price of pizza is $4 instead of $6.
E) Only 4 units of pizza will be demanded even if the price of pizza is $4.

Correct Answer:

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