A Decrease in Quantity Demanded Is Given by A(n)

question 247

Multiple Choice

A decrease in quantity demanded is given by a(n) :

• A) downward shift of the demand curve.
• B) upward shift of the demand curve.
• C) downward movement to the right along the demand curve.
• D) upward movement to the left along the demand curve.
• E) downward shift of both demand and supply curves.

---

Definitions:

Deficit

The amount by which expenditures exceed income or costs outstrip revenues, resulting in a negative balance.

Liquidation

The process of closing a business, selling its assets to pay off debts, and distributing the remaining assets to owners or shareholders.

Profit And Loss Percentages

Are critical figures that represent the percentage of profit or loss a business generates from its operations, relative to its revenues.

Final Cash Distribution

The last payment made to investors or shareholders, liquidating the remaining cash balance of an investment or fund.