44
QuizMultiple Choice

N/A — Exam

Question 44 • Advanced Financial Algebra

What happens to the equilibrium price and quantity of organic vegetables when their demand increases due to their popularity?

Answer
A
quantity increases, price decreases
B
quantity decreases, price increases
C
quantity increases, price increases
D
quantity decreases, price decreases

Explanation

When organic vegetables become more popular, demand increases and the demand curve shifts to the right. With supply unchanged, buyers compete for more vegetables, raising the equilibrium price and the equilibrium quantity. So the correct choice is “quantity increases, price increases.”

AI-written and checked against the verified answer.

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