​If the Supply Curve Decreases While the Demand Curve Remains

question 133

True/False

​If the supply curve decreases while the demand curve remains unchanged, the equilibrium price would decrease.

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Definitions:

Unfamiliar Setting

A situation or environment that is not previously known or experienced by an individual.

Secure Attachment

A type of emotional bond where individuals feel confident and supported, often resulting from consistent and caring interactions in relationships.

Conservation

The principle in psychology that physical properties such as volume, mass, and number remain the same despite changes in the forms or appearance.

Stranger Anxiety

A type of discomfort that infants feel when encountering individuals they do not recognize.