Sometimes Price Cuts Can Have an Unintended Result of Consumers

question 21

Multiple Choice

Sometimes price cuts can have an unintended result of consumers waiting for deeper discounts. What does this waiting suggest about supply and demand?

• A) The demand curve slopes the wrong way because price cuts have lead to smaller sales.
• B) If buyers are buying less when price falls, the supply curve must have moved left.
• C) If buyers are buying less when price falls, the supply curve must have moved right.
• D) Price cuts have changed buyers' expectations, and the change in expectations has moved the demand curve left.

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Definitions:

Semi-Fowler's

A semi-upright lying position where the head and torso are raised between 15 and 45 degrees, often used to improve comfort and breathing for patients.

Endotracheal Tube

is a flexible tube inserted through the mouth into the trachea (windpipe) to maintain an open airway, facilitate ventilation, and administer anesthetic gases during surgery.

Mechanical Ventilator

A medical device that provides mechanical breathing support to patients who are unable to breathe adequately on their own.

Auscultate

To listen to the internal sounds of the body, typically using a stethoscope, as part of a medical examination.