A shift in the demand curve to the left, all other things unchanged:
A) will cause the supply curve to shift to the left, too.
B) will cause a movement upward along the supply curve and a higher equilibrium price.
C) will cause a movement downward along the supply curve and a lower equilibrium quantity.
D) will result in a lower equilibrium price and greater equilibrium quantity.
Ans: C) will cause a movement downward along the supply curve and a lower equilibrium quantity.
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