A Shift in the Demand Curve to the Left, All

question 125

Multiple Choice

A shift in the demand curve to the left, all other things unchanged:

• A) will cause the supply curve to shift to the left, too.
• B) will cause a movement upward along the supply curve and a higher equilibrium price.
• C) will cause a movement downward along the supply curve and a lower equilibrium quantity.
• D) will result in a lower equilibrium price and greater equilibrium quantity.

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Definitions:

Necrotization

The process of tissue death within the body, where cells in the body die off in a localized area due to disease, injury, or lack of blood supply.

Staple Extractor

A tool designed to remove staples from documents or other materials.

Staples

Thin pieces of metal used to fasten sheets of paper together, inserted through the sheets and clinched over.

Antiseptic

An agent that will prevent the growth or arrest the development of microorganisms.