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ME
Question Practice

What is likely to occur if both supply and demand curves shift leftward?

Attempt the question, check the explanation, and continue with similar questions to build confidence before exams.

MCQ_SA
CBSE
Class 12
Economics
Introductory Microeconomics
Market Equilibrium
Question Bank

What is likely to occur if bot...

Single Answer MCQ
Q-00089634

What is likely to occur if both supply and demand curves shift leftward?

1

Equilibrium quantity increases, price is uncertain

2

Equilibrium quantity decreases, price is uncertain

3

Price decreases, quantity remains the same

4

Equilibrium is not affected

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