A "Decrease in the Quantity Demanded" Means That

question 92

Multiple Choice

A "decrease in the quantity demanded" means that

• A) the demand curve has shifted to the right.
• B) the supply curve has shifted to the left.
• C) price has declined and consumers therefore want to purchase more of the good.
• D) price has increased and consumers therefore want to purchase less of the good.

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Definitions:

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The process of committing information to memory for later retrieval.

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The region of the brain located at the front of the frontal lobe, crucial for decision making, social behavior, and personality.

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The ability to control when and how emotions are expressed.