If a Demand Curve Shifts to the Left, Then

question 39

Multiple Choice

If a demand curve shifts to the left, then:

• A) the equilibrium price would go up and the equilibrium quantity would go down.
• B) the equilibrium price would go down and the equilibrium quantity would go up.
• C) a lower equilibrium price and quantity would result.
• D) a higher equilibrium price and quantity would result.

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