Understanding Curve Shifts and Indeterminate Prices

What happens to the quantity when both demand and supply curves shift to the right simultaneously?

• Quantity remains the same

• Quantity decreases

• Quantity becomes indeterminate

• Quantity increases

When both demand and supply increase, why is the price considered indeterminate?

• Because demand always outweighs supply

• Because the shifts have opposing effects on price

• Because both curves shift equally

• Because supply always outweighs demand

What is the benefit of analyzing demand and supply shifts separately?

• It makes the graph look simpler

• It helps in determining the exact price change

• It clarifies that quantity will increase but price is indeterminate

• It shows that price will always decrease

In the story, what was the narrator's initial reaction when the security guard asked about his son?

• He jokingly denied being the father

• He immediately claimed his son

• He asked for help to find the father

• He ignored the security guard

What was the son's reaction to the narrator's joke?

• He ran away saying 'you're not my daddy'

• He stayed calm and continued playing

• He cried and asked for his mother

• He laughed along with the joke