A Rightward Shift in a Demand Curve and a Leftward

question 22

Multiple Choice

A rightward shift in a demand curve and a leftward shift in a supply curve both result in a

• A)Lower equilibrium price.
• B)Lower equilibrium quantity.
• C)Higher equilibrium price.
• D)Higher equilibrium quantity.

Identify the role of intangible factors, such as innovation and proximity to competitors, in location decisions.

Demonstrate an understanding of how globalization and government policies impact location decisions.

Assess the significance of labor productivity and its calculation in the context of location decisions.

Understand the use of Geographic Information Systems (GIS) and demographic data in location decisions.

---

Definitions:

Counseled

Providing guidance or advice to individuals to help resolve personal or professional issues.

People-related Problems

Refers to issues or conflicts arising from interactions or relationships between individuals in a workplace or social setting.

First-line Manager

The lowest level of management, directly supervising non-managerial employees and overseeing daily operations.

Troubled Employee

An employee experiencing personal or professional difficulties that may affect their job performance and behavior.