A Decrease in Supply Means

question 109

Multiple Choice

A decrease in supply means:

• A) a shift to the left of the entire supply curve.
• B) moving downward (to the left) along the supply curve with lower prices.
• C) less will be demanded at every price.
• D) more will be supplied at every price.

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Definitions:

Ménière's Disease

A disorder of the inner ear causing vertigo, hearing loss, and tinnitus.

Tinnitus

A condition characterized by hearing noises in the ears (such as ringing, buzzing, or hissing) when there is no external sound source.

Methicillin-Resistant Staphylococcus Aureus

A type of bacterium that is resistant to several antibiotics, originally methicillin, causing infections in different parts of the body.

Vancomycin

An antibiotic used in the treatment of serious bacterial infections, especially those resistant to other antibiotics.