An ambiguous change in quantity and a decrease in price is most likely caused by   A leftward shift in demand and no shift in supply   A leftward shift in supply and a leftward shift in demand   A rightward shift in supply and a leftward shift in demand   A leftward shift in supply and a rightward shift in demand

Microeconomics
13th Edition
ISBN:9781337617406
Author:Roger A. Arnold
Publisher:Roger A. Arnold
Chapter3: Supply And Demand: Theory
Section: Chapter Questions
Problem 24QP
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An ambiguous change in quantity and a decrease in price is most likely caused by

 

A leftward shift in demand and no shift in supply

 

A leftward shift in supply and a leftward shift in demand

 

A rightward shift in supply and a leftward shift in demand

 

A leftward shift in supply and a rightward shift in demand

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