Movements Along a Demand Curve Caused by a Change in Price

question 50

Multiple Choice

Movements along a demand curve caused by a change in price probably means that:

• A)there has been an endogenous shift in the demand curve.
• B)there has been an exogenous shift in the demand curve.
• C)there has been a shift in an exogenous factor that affects supply.
• D)the supply curve is not shifting.

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