If the Demand Curve Is Vertical a Rightward Shift of the Supply

question 57

Multiple Choice

If the demand curve is vertical a rightward shift of the supply curve will lead to

• A) an increase in quantity supplied.
• B) an increase in quantity demanded.
• C) a decrease in quantity demanded.
• D) a decrease in price.

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Definitions:

Defalcation

The misappropriation of funds or property entrusted to one's care, often involving fraud or embezzlement.

Fiduciary Capacity

A status entailing a legal duty of one party to act in the best interest of another, typically in contexts involving trust, such as financial management or guardianship.

Misappropriation

The unauthorized use of another's name, likeness, or property for personal gain, often violating legal rights.

Pretexting

A deceptive practice where an individual lies about their identity or intentions to obtain personal or sensitive information from another.