When Economists Say the Demand for a Product Has Decreased

question 337

Multiple Choice

When economists say the demand for a product has decreased, they mean

• A) the demand curve has shifted to the left.
• B) the product price has increased, and as a consequence, consumers are buying less of the product.
• C) consumers are now willing and able to buy more of this product at each possible price.
• D) the demand curve has shifted to the right.

---

Definitions:

Honey Pot

A computer system that’s set up to attract unauthorized users by appearing to be a key part of a network or a system that contains something of great value.

Frame

Groups of data packets that are sent together in a package.

Access Method

A method to control which computer is allowed to use transmission media at a certain time.

Ring Networks

A network topology where each node is connected to exactly two other nodes, forming a single continuous pathway for signals through each node - a ring.