Solved

Which of the Following Is False?
A) Rightward Shift ++

Question 30

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.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions