When the Demand Curve Shifts to the Left and All

question 3

Multiple Choice

When the demand curve shifts to the left and all else is held constant,the equilibrium price ________ and the equilibrium quantity ________.

• A) falls; rises
• B) rises; falls
• C) falls; falls
• D) rises; rises
• E) falls; remains constant

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Definitions:

Spinal Cord

A long, thin, tubular structure made up of nervous tissue, which extends from the brainstem to the lower back, carrying nerve impulses between the brain and the body.

Reflex Actions

Automatic and involuntary responses to stimuli facilitated by neural pathways known as reflex arcs, crucial for survival by enabling quick reactions without direct involvement of the brain.

Peripheral Nerves

Nerves that are located outside of the brain and spinal cord, responsible for transmitting sensory and motor information between the central nervous system and the rest of the body.

Endorphins

Peptides produced by the central nervous system and the pituitary gland, known for their ability to act as natural painkillers.