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When the Demand Curve Shifts to the Left and All

question 3

Multiple Choice

When the demand curve shifts to the left and all else is held constant,the equilibrium price ________ and the equilibrium quantity ________.


Definitions:

Busy Street

A street characterized by a high volume of pedestrian or vehicular traffic.

Homophobia

An irrational or phobic fear of gay men and lesbian women. See also anti-gay prejudice; heterosexual bias.

Phobic Fear

An irrational and intense fear of a specific object, situation, or activity, leading to significant anxiety and avoidance behaviors.

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