Assume That the Demand Curve for DVD Players Shifts to the Left

question 132

Multiple Choice

Assume that the demand curve for DVD players shifts to the left and the supply curve for DVD players shifts to the right,but the supply curve shifts less than the demand curve.As a result

• A)both the equilibrium price and quantity of DVD players will decrease.
• B)the equilibrium price of DVD players will decrease; the equilibrium quantity may increase or decrease.
• C)the equilibrium price of DVD players may increase or decrease; the equilibrium quantity will increase.
• D)the equilibrium price of DVD players will decrease; the equilibrium quantity will increase.

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Definitions:

Resistance

In psychology, an individual's subconscious defense mechanisms that prevent certain thoughts or feelings from entering awareness.

Progressive Relaxation

A technique used to reduce stress and anxiety by tensing and then relaxing each muscle group in the body progressively.

Counterconditioning

A behavior therapy technique where an unwanted response to a stimulus is replaced with a desired response.

Unconditional Positive Regard

In psychology, an attitude of total acceptance and support towards another person regardless of what they say or do, often used within therapeutic settings.