If the Price of Automobiles Were to Decrease Substantially, the Demand

question 83

Multiple Choice

If the price of automobiles were to decrease substantially, the demand curve for pizza would most likely

• A)shift rightward.
• B)shift leftward.
• C)remain unchanged.
• D)remain unchanged while quantity demanded would change.

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Definitions:

Scarce Resources

Limited materials or assets that are available which cannot meet all the demands for them.

Burden of Proof

The obligation to prove one's assertion or claims in a legal dispute or court of law.

Criminal Guilt

The determination that an individual has committed a crime as proven in a court of law, following a legal process.

Civil Trial

A legal proceeding in which disputes between parties are resolved by a judge or a jury, not involving criminal charges.