Other Things Being Equal, the Effects of an Increase in the Price

question 21

Multiple Choice

Other things being equal, the effects of an increase in the price of computers would best be represented by which of the following?

• A) A movement up along the demand curve for computers.
• B) A movement down along the demand curve for computers.
• C) A leftward shift in the demand curve for computers.
• D) A rightward shift in the demand curve for computers.

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