Multiple Choice
If the demand curve for desktop computers shifts rightward and at the same time the supply curve shifts leftward,then
A) the equilibrium price definitely rises.
B) the equilibrium price definitely falls.
C) the equilibrium price definitely remains the same.
D) More information is needed to determine the effect on the equilibrium price.
E) the equilibrium quantity definitely increases.
Correct Answer:

Verified
Correct Answer:
Verified
Q2: When does a shortage occur?
Q121: Last year a very severe ice storm
Q187: If an early frost destroys most of
Q188: Consider the market for camera film.If more
Q189: Consider the market for peanut butter.If there
Q190: A normal good is defined as a
Q191: An increase in the quantity demanded is
Q193: Which of the following shifts the demand
Q194: Consider the market for peanut butter.If there
Q371: When does a surplus occur?