Question 13

Attempts Force This test can be saved and resumed at any point until time has expired. The timer will continue to run if you leave the test. Completion Your answers are saved automatically. V Remaining Time: 1 hour, 31 mlnutes, 52 seconds. x Question Completion Status: T [5 Moving to another question will save this response. >> Question 13 1 points Save Answer Which one of the following correctly describes how price adjustment eliminates a shortage? Q As the price falls, the quantity demanded increases and the quantity supplied increases. 0 As the price rises, the quantity demanded decreases and the quantity supplied increases 0 As the price rises, the quantity demanded increases and the quantity supplied decreases. Q As the price falls, the quantity demanded decreases and the quantity supplied increases. 0 As the price falls, the quantity demanded increases and the quantity supplied decreases. ' [A Moving to another question will save this response.