If the Demand for a Product Decreases,then We Would Expect

question 95

Multiple Choice

If the demand for a product decreases,then we would expect equilibrium price

• A)to increase and equilibrium quantity to decrease.
• B)to decrease and equilibrium quantity to increase.
• C)and equilibrium quantity to both increase.
• D)and equilibrium quantity to both decrease.

---

Definitions:

Extranet

A private network that allows access to partners, vendors, and selected external parties, extending certain computing resources and information beyond an organization's intranet.

Intranet

A private network accessible only to an organization's staff, often used to store company information, tools, and resources securely.

Wireless Network

A communication network that uses radio waves or other wireless methods to connect devices without the need for physical cables.

Phishing Attempt

A cyber-attack where the attacker pretends to be a trusted entity to trick individuals into providing sensitive data, often via email.