Demand curve shifts leftward

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If a market begins in equilibrium and then the demand curve shifts leftward, a

a. surplus is created, which is eliminated by a fall in price.

b. surplus is created, which is eliminated by the supply curve shifting leftward.

c. shortage is created, which is eliminated by a fall in price.

d. surplus is created, which is eliminated by a rise in price.

e. shortage is created, which is eliminated by a rise in price.

Reference no: EM131389967

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