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A Change in Preferences Causes a Movement Along the Demand

question 277

True/False

A change in preferences causes a movement along the demand curve.


Definitions:

Cosine

In trigonometry, it is the ratio of the adjacent side of the angle and the hypotenuse.

Adjacent

Next to or beside.

Hypotenuse

The largest side of a right-angled triangle, positioned opposite to the right angle.

Sine

The angular relationship of the opposite side of a right triangle and the hypotenuse.

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