When Quantity Demanded Decreases at Every Possible Price,the Demand Curve

question 134

Multiple Choice

When quantity demanded decreases at every possible price,the demand curve has

• A)shifted to the left.
• B)shifted to the right.
• C)not shifted;rather,we have moved along the demand curve to a new point on the same curve.
• D)not shifted;rather,the demand curve has become flatter.

---

Definitions:

Present Value Factors

Numeric factors used in calculating the present value of future cash flows, reflecting the time value of money.

Interest Revenue

Income earned from investments in interest-bearing assets like bonds, loans, and savings accounts.

Bargain Purchase Option

An option in a lease agreement that allows the lessee to purchase the leased asset at the end of the lease term for a price significantly lower than the expected fair market value.

Equipment Leased

Assets acquired for use over a specified period through a rental agreement, where ownership remains with the lessor.