If a Rise in the Price of Good X Causes

question 66

Multiple Choice

If a rise in the price of good X causes the quantity demanded of good X to fall,then

• A) the Engel curve for good X is downward sloping.
• B) the (ordinary)demand curve for good X is downward sloping.
• C) the demand for good X is elastic.
• D) good X must be a Giffen good.

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