A "Decrease in the Quantity Demanded" Means That

question 92

Multiple Choice

A "decrease in the quantity demanded" means that

• A) the demand curve has shifted to the right.
• B) the supply curve has shifted to the left.
• C) price has declined and consumers therefore want to purchase more of the good.
• D) price has increased and consumers therefore want to purchase less of the good.

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Definitions:

Preliminary Hearing

An initial hearing in which a judge or magistrate decides if there is probable cause to believe that the defendant committed the crime with which he or she is charged.

Probable Cause

A reasonable basis for believing that a crime may have been committed, used to justify police searches, arrests, and warrants.

Magistrate

A judicial officer with the authority to oversee minor civil disputes and criminal cases.

Initial Appearance

The first appearance of a defendant before a judge after arrest, where charges are read, and rights are explained.