A Decrease (Leftward Shift) in the Supply of a Good

question 53

Multiple Choice

A decrease (leftward shift) in the supply of a good will tend to cause

• A) an increase in the equilibrium price and quantity.
• B) a decrease in the equilibrium price and an increase in the equilibrium quantity.
• C) a shift in the demand curve to the left.
• D) a decrease in the equilibrium price and quantity.
• E) an increase in the equilibrium price and a decrease in the equilibrium quantity.

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Definitions:

Psychological Problems

Issues or disorders related to the mind that can affect mood, behavior, and thinking, often requiring professional assessment and treatment.

Hostility

Feelings of intense anger or aggression towards someone or something.

Client-Centred Therapy

A form of psychotherapy developed by Carl Rogers that emphasizes providing a supportive emotional environment for clients, where they can lead their self-growth and self-healing process.

Genuineness

The quality of being authentic and honest in one's expressions and interactions with others.