When Both Supply and Demand Shift to the Left,the Equilibrium

question 83

Multiple Choice

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

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

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Definitions:

EST

Electronic Service Tool, a device or software used for diagnosing and programming the electronic control units (ECUs) of vehicles.

ABS Shutdown

A condition or system fault that causes the Anti-lock Braking System (ABS) to stop functioning or turn off, potentially affecting vehicle control during braking.

Electronic Problem

A broad term referring to any malfunction or failure within electronic systems or components.

Air Brake System

A type of brake system used in large, heavy vehicles that uses compressed air to operate the brake mechanism.