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

question 129

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

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Definitions:

Virtual Representation

A concept in British parliamentary law meaning that members of Parliament represented all British subjects, including those in the colonies who did not vote for them.

John Locke

A 17th-century English philosopher and physician, widely regarded as one of the most influential of Enlightenment thinkers, known for his contributions to the development of political philosophy and the concepts of individual rights and the social contract.

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A conflict from 1754 to 1763 in North America between France and Britain, with Native American tribes supporting both sides, ultimately leading to British dominance in North America.

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Financial obligations incurred by a country as a result of warfare, typically owed to other countries or international entities.