Question 22
EasyOriginal questionA decrease in demand, with supply unchanged, leads to
Show the answer and explanation
CorrectNot quiteAnswer C
Correct answer: C
Explanation
Demand shifts left along an unchanged supply curve, so the new crossing point is lower and to the left.
- Concept
- Decrease in demand
- Typical timeTypical
- 40 s
- Your timeYours
- —
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