When the Demand Curve Shifts Rightward and the Supply Curve

question 189

Multiple Choice

When the demand curve shifts rightward and the supply curve shifts leftward, then the equilibrium price ________ and the equilibrium quantity ________.

• A) rises; decreases
• B) falls; increases
• C) rises; probably changes but the direction of the change cannot be determined
• D) probably changes but the direction of the change cannot be determined; increases

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Definitions:

Integrative Mechanism

A system or process designed to ensure coordination and collaboration among different parts or functions within an organization, enhancing overall efficiency and effectiveness.

Structural Configurations

Refers to the arrangement and organization of elements within a system, often used in the context of organizational theory to describe the structure of a company or institution.

Environmental Uncertainty

The degree of unpredictability and complexity in an organization’s external environment.

Organizations

Groups of people with a particular purpose, such as businesses, governments, or charities, structured to achieve collective goals.