If There Is a Decrease in Demand, Then There Is

question 59

Multiple Choice

If there is a decrease in demand, then there is:

• A) increased price, increased quantity
• B) decreased price, increased quantity
• C) increased price, decreased quantity
• D) decreased price, decreased quantity

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Definitions:

Type A Personality

A personality type characterized by competitiveness, impatience, aggressiveness, and a high level of stress.

Hot-Tempered

Characterized by easily provoked anger or a quick temper.

Competitive

Characterized by or displaying a strong desire to be more successful than others.

Self-Confident

Having trust in one's abilities, qualities, and judgment.