When Both Supply and Demand Shift to the Left,the

question 94

Multiple Choice

When both supply and demand shift to the left,the:

• A) equilibrium price always rises.
• B) equilibrium price always falls.
• C) equilibrium quantity always falls.
• D) equilibrium quantity always rises.
• E) equilibrium quantity is indeterminate.

---

Definitions:

Short-Term Memory

The component of the memory system that is responsible for temporarily holding information available for processing.

Long-Term Memory

The phase or type of memory responsible for storing information for extended periods, ranging from minutes to a lifetime, involving diverse information such as facts, experiences, and skills.

Middle Age

A period in adult life roughly between the ages of 40 and 65, characterized by personal, social, and career adjustments and preparations for later life.

Legal Purposes

Activities or actions carried out in accordance with the law or intended to meet legal requirements.