If the Price of Ground Beef Decreases, Which of the Following

question 8

Multiple Choice

If the price of ground beef decreases, which of the following will occur?

• A)The demand curve for ground beef will shift to the left.
• B)Consumers will experience a decrease in their purchasing power.
• C)There will be a movement down the demand curve for ground beef.
• D)The substitution effect will cause some consumers to switch to other types of meat.

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