If the Demand Curve Shifts Rightward and the Supply Curve

question 108

Multiple Choice

If the demand curve shifts rightward and the supply curve shifts leftward the

• A) quantity decreases and the price might rise, fall, or not change.
• B) price falls and the quantity might increase, decrease, or not change.
• C) price rises and the quantity might increase, decrease, or not change.
• D) quantity increases and the price might rise, fall, or not change.

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Definitions:

Annual Information Form

A comprehensive report, typically required by regulatory bodies, detailing a company's activities, financial performance, and risks.

Product Line Groupings

The organization of related products into categories or groups that are marketed under a single brand name.

Functional Groupings

Involves the organization of products, tasks, or business units based on their purpose or role within the operations of a company.

Geographical Groupings

The organization of entities or data based on geographic locations or regions.