If Consumers Believe That an Item Will Not Be Available

question 20

Multiple Choice

If consumers believe that an item will not be available in the future, then demand will shift _____ and the equilibrium quantity will _____.

• A) left; fall
• B) left; rise
• C) right; fall
• D) right; rise

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Definitions:

Newborn Infant

Refers to a baby from birth to about 2 months of age, emphasizing the critical early period of development outside the womb.

Respirations

The process of breathing, which includes the inhalation of oxygen and exhalation of carbon dioxide, essential for life.

Obstetrician

A doctor who specializes in pregnancy, childbirth, and a woman's reproductive system, including the care of women having high-risk pregnancies.

Blood Pressure

The pressure of circulating blood on the walls of blood vessels, often measured to assess heart health.