What Happens to Equilibrium Price When Simultaneously the Demand Curve

question 58

Multiple Choice

What happens to equilibrium price when simultaneously the demand curve shifts left and the supply curve shifts right?

• A)Equilibrium price will increase.
• B)Equilibrium price will decrease.
• C)Equilibrium price will remain the same.
• D)Equilibrium price may increase,decrease,or remain the same depending on the magnitude of the shifts in demand and supply.

---

Definitions:

Stock-Purchase Plans

Corporate programs allowing employees to buy shares of the company's stock, often at a discount, as part of their benefits.

Performance Incentive

A reward system designed to enhance motivation and improve worker productivity by providing bonuses or other benefits linked to achievement of specific goals.

Retention Tool

Strategies or practices employed by organizations to keep valuable employees and reduce turnover.

Productivity Measurement

The evaluation of the efficiency of a worker, machine, or system in converting inputs into useful outputs.