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Suppose the Number of Buyers in a Market Decreases

question 48

Essay

Suppose the number of buyers in a market decreases. As a result, would the demand curve in this market shift to the right or to the left?


Definitions:

Ross Perot

An American businessman and politician known for founding Electronic Data Systems and running as an independent candidate in the 1992 U.S. presidential election.

Campaign Donations

Financial contributions given to support a candidate, political campaign, or political party.

Balanced Budget

A financial plan where total revenues are equal to or greater than total expenses, eliminating deficits.

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