Any Factor That Shifts the Demand Curve to the Left

question 270

True/False

Any factor that shifts the demand curve to the left but does not affect the supply curve will lower the equilibrium price and raise the equilibrium quantity.

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Definitions:

Prima facie case

An established case proven by the facts until contradicted and overcome by other evidence.

Equal protection

A constitutional guarantee that no person or group will be denied the same protection of the laws that is enjoyed by other similarly situated individuals.

Constitutional guarantee

A commitment within a country's constitution that ensures certain rights and freedoms to its citizens.

Equal Protection clause

A provision in the Fourteenth Amendment of the U.S. Constitution that requires state governments to treat individuals in similar situations equally.