b. ALS medical research funds: The ALS ice bucket challenge goes viral, leading to greater awareness of the benefits of and need for ALS research. As a result, the supply of and demand for ALS research increase(s), causing the equilibrium price (or opportunity cost) of such research to rise, fall, or remain unchanged and the equilibrium quantity to rise, fall, or remain unchanged - Incorrect

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
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Is it rise or fall?  

b. ALS medical research funds: The ALS ice bucket challenge goes viral, leading to greater awareness of the benefits of and
need for ALS research. As a result, the
supply of and demand for
ALS research increase(s), causing the equilibrium
price (or opportunity cost) of such research to
rise, fall, or remain unchanged and the equilibrium quantity to
rise, fall, or remain unchanged -
Incorrect
Transcribed Image Text:b. ALS medical research funds: The ALS ice bucket challenge goes viral, leading to greater awareness of the benefits of and need for ALS research. As a result, the supply of and demand for ALS research increase(s), causing the equilibrium price (or opportunity cost) of such research to rise, fall, or remain unchanged and the equilibrium quantity to rise, fall, or remain unchanged - Incorrect
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