Suppose there is a simultaneous increase in the demand for diamonds and increase in the supply of diamonds. Which of the following will occur as a result of these simultaneous events?(A) Both the equilibrium price and equilibrium quantity will rise.(B) The equilibrium price will fall, but the equilibrium quantity will rise.(C) The equilibrium price may rise, fall, or stay the same, but the equilibrium quantity will rise.(D) The equilibrium price will fall, but the equilibrium quantity may rise, fall, or stay the same.

the third answer is correct.

-the personal ownership of property

-the influence of consumer demand

explanation:

the command economy prohibits the personal ownership of property.

basically, command economy is defined as the system where a nation’s government is the one that makes all the decisions when it comes to its economy. the government is the one who controls the production of goods and services and regulates the prices and salaries.

therefore, since that the government is the authority, then all kinds of personal ownership of property is prohibited by them.