In a typical college town, when students go home for thesummer, the demand for m

Question

In a typical college town, when students go home for thesummer, the demand for many items such as pizza and beer A.   decreases, which is a shift to theleft of the demand curves for these goods. B.   decreases, which is a shift to theright of the demand curves for these goods. C.   increases, which is a shift to theleft of the demand curves for these goods. D.   increases, which is a shift to theright of the demand curves for these goods. In a typical college town, when students go home for thesummer, the demand for many items such as pizza and beer A.   decreases, which is a shift to theleft of the demand curves for these goods. B.   decreases, which is a shift to theright of the demand curves for these goods. C.   increases, which is a shift to theleft of the demand curves for these goods. D.   increases, which is a shift to theright of the demand curves for these goods. A.   decreases, which is a shift to theleft of the demand curves for these goods. B.   decreases, which is a shift to theright of the demand curves for these goods. C.   increases, which is a shift to theleft of the demand curves for these goods. D.   increases, which is a shift to theright of the demand curves for these goods.

Explanation / Answer

A.   decreases, which is a shift to the left of the demand curvesfor these goods. less consumers= decrease in demand = left shift of demandcurve thus equilibrium prie decrease and quantity decrease A.   decreases, which is a shift to the left of the demand curvesfor these goods.

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