In October, Market Analysts Predict That the Price of Platinum

question 150

Multiple Choice

In October, market analysts predict that the price of platinum will fall in November. What happens in the platinum market in October, holding everything else constant?

• A) The supply curve shifts to the right.
• B) The supply curve shifts to the left.
• C) The quantity demanded and the quantity supplied of platinum increase.
• D) The demand curve shifts to the right.

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Definitions:

European Monarchs

The kings, queens, emperors, or empresses reigning over countries in Europe, playing various roles from figureheads to absolute rulers depending on the country's system of governance.

16th Century

The period from 1501 to 1600, marked by significant events such as the beginning of the Reformation and the exploration and colonization of the Americas.

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Western Europe Politics

The political structures, systems, and dynamics characteristic of countries in Western Europe.