A Decrease in the Demand for the Output That an Input

question 62

Multiple Choice

A decrease in the demand for the output that an input produces will cause the input's:

• A) supply curve to shift to the right.
• B) supply curve to shift to the left.
• C) demand curve to shift to the right.
• D) demand curve to shift to the left.

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Definitions:

Regional Effects

Regional effects refer to the impacts or consequences of natural or human activities that are felt over a wide geographic area, often crossing administrative boundaries.

Plate Boundaries

The edges where two tectonic plates meet, characterized by geological activities such as earthquakes and volcanic eruptions.

Fault

a crack in the Earth's crust resulting from the displacement of one side with respect to the other.

Subsiding

The process of sinking or settling of the Earth's surface, often due to natural geological processes or extraction of underground resources.