If the Supply Curve and the Demand Curve for Lettuce

question 77

Multiple Choice

If the supply curve and the demand curve for lettuce both shift to the left by an equal amount,what can we say about the resulting changes in price and quantity?

• A) The price will increase, but the quantity may increase or decrease.
• B) The price will increase, and the quantity will increase.
• C) The price will decrease, and the quantity will increase.
• D) The price will stay the same, but the quantity will increase.
• E) The price will stay the same, but the quantity will decrease.

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Definitions:

Increases Helping

The phenomenon where incidents or conditions lead to a rise in actions intended to provide aid or benefit to others.

Communal Orientation

A perspective or attitude emphasizing the importance of community, relationships, and collective well-being over individualistic goals.

Guilt Proneness

The predisposition of an individual to feel guilty for wrongdoing, even when such guilt may not be warranted.

Collective Guilt

The emotion felt when individuals perceive their group as responsible for wrongful actions, even if they as individuals did not participate in such actions.