If a Productʹs Demand Increases as Its Supply Simultaneously Decreases

question 91

Multiple Choice

If a productʹs demand increases as its supply simultaneously decreases, the marginal revenue product curve will

• A) shift to the right.
• B) shift to the left.
• C) remain unchanged.
• D) either shift to the left, shift to the right, or remain unchanged depending upon what happens to product price.

---

Definitions:

Pain Endurance

The capacity or ability of an individual to tolerate pain or hardship, often in the context of physical or psychological challenges.

Hypnosis

A mental state of heightened suggestibility, induced by a hypnotic induction, which can facilitate therapeutic changes.

Dissociation

A psychological condition in which there is a disconnection or lack of continuity between thoughts, memories, surroundings, actions, and identity.

Divided Consciousness

A theory in psychology in which the mind splits into different levels of awareness, especially noted during multitasking or hypnosis.