​If the Supply Curve Decreases While the Demand Curve Remains

question 91

True/False

​If the supply curve decreases while the demand curve remains unchanged, the equilibrium price would increase.

---

Definitions:

Employee Development

A structured process of training, education, and growth opportunities provided by employers to enhance the skills and capabilities of their workforce.

Employer Of Choice

A designation for organizations that are highly desired by potential employees due to their outstanding culture, benefits, and opportunities for career progression.

Excellent Reputation

A high standing or esteem that an entity or individual has earned over time due to their reliability, integrity, and overall performance.

Recruiting Talented People

The process of identifying, attracting, and hiring individuals with the necessary skills and potential for an organization's success.