The Effect of a Decrease in the Price of Personal

question 38

Multiple Choice

The effect of a decrease in the price of personal computers on consumer demand,other things constant,is most likely to be represented by a:

• A)leftward shift of the demand curve for personal computers.
• B)leftward movement along the demand curve for personal computers.
• C)rightward shift of the demand curve for personal computers.
• D)rightward movement along the demand curve for personal computers.
• E)decrease in the slope of the demand curve for personal computers.

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Definitions:

Self-control

The ability to regulate one's emotions, thoughts, and behaviors in the face of temptations and impulses.

Monitors

Devices or people appointed to observe, check, and keep a continuous record of a process or situation.

Managers

Individuals responsible for controlling or administering all or part of a company or similar organization.

Middle-school/junior-high

Educational institutions that provide schooling for preteen and early teenage students, often encompassing grades 6 through 8.