A "Decrease in Demand" Means That

question 75

Multiple Choice

A "decrease in demand" means that

• A) the demand curve has shifted to the left.
• B) price has declined and consumers want to purchase more of the good.
• C) the demand curve has shifted to the right.
• D) the price of the good can be expected to decline,assuming supply stays constant.

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Definitions:

Evil Motive

A wrongful intention that is often the driving force behind harmful actions or crimes.

Criminal Act

An action or omission that constitutes an offense that may be prosecuted by the state and is punishable by law.

American Law

The body of laws and legal principles that originate from the U.S. Constitution, legislative acts, judicial precedents, and regulatory statutes in the United States.

Committed

Being fully dedicated or obligated to a task, cause, or person.