Assume That the Demand Curve for MP3 Players Shifts to the Right

question 66

Multiple Choice

Assume that the demand curve for MP3 players shifts to the right and the supply curve for MP3 players shift to the left, but the supply curve shifts more than the demand curve.As a result

• A)both the equilibrium price and quantity of MP3 players will decrease.
• B)the equilibrium price of MP3 players will decrease; the equilibrium quantity will increase.
• C)the equilibrium price of MP3 players may increase or decrease; the equilibrium quantity will decrease.
• D)the equilibrium price of MP3 players will increase; the equilibrium quantity will decrease.

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Definitions:

Genital Level

A phase in psychoanalytic theory associated with mature adult sexuality and the harmonious integration of love and sexual desire, typically emerging during puberty.

Psychoanalyst

A therapist who practices psychoanalysis, a therapeutic technique originally developed by Sigmund Freud that explores unconscious motivations and conflicts.

Self-Esteem

The subjective evaluation of one's own worth or value as perceived by the individual.

Transference

Transference is a phenomenon in psychoanalysis where patients project feelings, attitudes, and desires onto their therapist, reflecting feelings associated with significant figures in their past.