Which of the Following Is False

question 33

Multiple Choice

Which of the following is False?

• A) Rightward shift in demand + unchanged supply curve = higher equilibrium price and larger equilibrium quantity
• B) Rightward shift in demand + Rightward shift in supply curve = lower equilibrium price and smaller equilibrium quantity
• C) Leftward shift in supply + unchanged demand curve = higher equilibrium price and smaller equilibrium quantity
• D) Leftward shift in demand + unchanged supply curve = lower equilibrium price and smaller equilibrium quantity
• E) Rightward shift in supply + unchanged demand curve = lower equilibrium price and larger equilibrium quantity

---

Definitions:

M

A symbol often representing money supply in economic discussions, including various measures like M1, M2, and M3.

Q

Quantity, frequently used in economic equations and discussions to denote the amount of goods produced or consumed.

PQ

The product of price (P) and quantity (Q), often used in economics to calculate total revenue or expenditure.

P

Typically refers to "Price" in economic models, representing the monetary value assigned to a good or service in the market.