When Demand Decreases and the Demand Curve Shifts to the Left

question 10

Multiple Choice

When demand decreases and the demand curve shifts to the left, equilibrium price ________ and equilibrium quantity ________.

• A) increases; increases
• B) increases; decreases
• C) decreases; increases
• D) decreases; decreases

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Definitions:

Hard Tactics

Aggressive or forceful methods used in negotiation, persuasion, or influence to achieve one's objectives, often disregarding the needs or desires of others.

Uncontaminated Freshwater

Freshwater that is free from pollutants and harmful substances, making it safe for human consumption, recreational activities, and sustaining aquatic life.

Water Supply

The provision of water by public utilities, commercial organisations, community endeavors, or individuals, usually through a system of pumps, pipes, and treatments, for various uses including drinking, agriculture, and industry.

Freshwater

refers to water with minimal salt content, crucial for drinking, agriculture, sanitation, and ecosystem support.