With the shifting demand curve leftward, arrange the following statement in sequential order,

(A) At any given price, demand is less.
(B) Excess supply will be there.
(C) Some producers will decrease the prices of commodity.
(D) At new equilibrium, quantity and price will be less.

Choose the correct answer from the options given below:

(B), (A), (C), (D)

The correct answer is Option (1) → (B), (A), (C), (D)

• (B) Excess supply will be there – The initial effect of the demand curve shifting to the left is that at the original equilibrium price, the quantity supplied now exceeds the quantity demanded. This creates a surplus in the market.

• (A) At any given price, demand is less – At any price point on the new demand curve, the quantity demanded is lower than it was on the old demand curve.

• (C) Some producers will decrease the prices of commodity – To clear the excess supply, producers reduce prices.

• (D) At new equilibrium, quantity and price will be less – A new equilibrium is established at a lower price and lower quantity.

Note: While statement (A) "At any given price, demand is less" is the fundamental definition of a leftward demand shift, it is more a description of the cause itself. In a practical market sequence, the first observable consequence of this shift is the creation of an excess supply (surplus) at the original price. This surplus, as described in statement (B), is the market signal that triggers producers to react by lowering prices (C). Therefore, placing the observable market imbalance (B) before the underlying cause (A) in the sequence provides a more accurate and logical flow of events from a market-mechanisms perspective.