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.

---

Definitions:

Coffee

A beverage made from the roasted and ground seeds of the tropical evergreen coffee plant, consumed worldwide for its stimulating effects.

Total Revenue

The overall amount of income generated from the sale of goods or services, calculated by multiplying the selling price by the number of units sold.

Soybeans

A species of legume native to East Asia, widely grown for its edible bean which has numerous uses, including producing soy oil and soy protein.

Total Revenue

The total income generated from the sale of goods or services, calculated by multiplying the price by the quantity sold.