Exhibit 4.6 -For a Given Downward-Sloping Demand Curve, All Other Things Remaining

question 182

Multiple Choice

Exhibit 4.6

-For a given downward-sloping demand curve, all other things remaining constant, a decrease in supply will cause a(n) _____

• A) increase in demand.
• B) increase in the equilibrium quantity.
• C) increase in quantity demanded.
• D) decrease in quantity demanded.
• E) decrease in the equilibrium price.

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Definitions:

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Sternberg

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Intense romantic or sexual desire for another person.