A Decrease in Demand and an Increase in Supply Are

question 66

Multiple Choice

A decrease in demand and an increase in supply are indicated by:

• A)upward shifts in both curves.
• B)downward shifts in both curves.
• C)rightward shifts in both curves.
• D)leftward shifts in both curves.
• E)a downward shift in the demand curve, but an upward shift in the supply curve.

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