Question

1. a leftward shift of the market demand curve for a video game, ceteris paribus, causes equilibrium price to ______

○ decrease and quantity to increase.
○ increase and quantity to increase
○ decrease and quantity to decrease.
○ increase and quantity to decrease.

Explanation:

A leftward demand curve shift means less demand at every price. With supply unchanged (ceteris paribus), the new equilibrium forms at a lower price and lower quantity, as the reduced demand creates downward pressure on both price and the amount exchanged.

Answer:

decrease and quantity to decrease.