If the Demand Curve Shifts Down and to the Left

question 12

Multiple Choice

If the demand curve shifts down and to the left in an increasing cost market, then:

• A)the long run price stays the same and the long run quantity increases.
• B)the long run price decreases and the long run quantity stays the same.
• C)the long run price and quantity increase.
• D)the long run price and quantity decrease.

---

Definitions:

Better Alternatives

Superior options or solutions compared to those currently available, typically with enhanced features or benefits.

New Possibilities

Emerging opportunities or prospects that have the potential to be explored or developed in business, technology, or personal growth.

Product Development

The entire process of bringing a new product to the market, from idea conception to release.

Suspending Disbelief

Temporarily accepting as plausible or realistic something that is fictional or unreal, often used in storytelling or entertainment.