When We Move Up or Down a Given Demand Curve

question 5

Multiple Choice

When we move up or down a given demand curve, what is held constant?

• A) Only price is held constant.
• B) Income and the price of the good are held constant.
• C) All nonprice determinants of demand are assumed to be constant.
• D) All determinants of quantity demanded are held constant.

---

Definitions:

Conclusion

The final part of a document, presentation, or piece of research that summarizes the main points and may offer recommendations or conclusions.

Body

The main part of a document or speech that contains the essential information and arguments.

Attention-Gaining

Strategies or tactics used to capture and hold someone's focus or interest.

Transition

The process or period of changing from one state or condition to another.