If Shoes Rise in Price, the Demand Curve for Shoes

question 450

Multiple Choice

If shoes rise in price, the demand curve for shoes ___________and the quantity of shoes demanded________

• A) shifts leftward; does not change
• B) shifts leftward; decreases
• C) does not shift; decreases
• D) does not shift; does not change

---

Definitions:

SatNav Processes

Procedures employed by satellite navigation systems to determine a position and guide a user to a destination.

QBO Transactions

Financial activities recorded in QuickBooks Online, a popular cloud-based accounting software.

Financial System

A complex mix of institutions, markets, instruments, and services that facilitate the transfer of funds and allocation of resources in an economy.

Create (+) Icon

A graphical symbol often used in software and applications to indicate the function for creating or adding a new item or document.