If the Demand Curve for Desktop Computers Shifts Rightward and at the Same

question 192

Multiple Choice

If the demand curve for desktop computers shifts rightward and at the same time the supply curve shifts leftward,then

• A) the equilibrium price definitely rises.
• B) the equilibrium price definitely falls.
• C) the equilibrium price definitely remains the same.
• D) More information is needed to determine the effect on the equilibrium price.
• E) the equilibrium quantity definitely increases.

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Definitions:

Western Philosopher

A philosopher originating from or associated with the Western world, traditionally including thinkers from European and other culturally related regions.

Ultimate Reality

The most fundamental nature or essence of the universe, often seen as beyond the grasp of human perception and understanding.

Air

The invisible gaseous substance surrounding the Earth, a mixture mainly of oxygen and nitrogen, which is essential for the respiration of many organisms and acts as a greenhouse gas.

Descartes

A French philosopher, mathematician, and scientist who is considered one of the fathers of modern Western philosophy, famous for his statement "I think, therefore I am."