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

question 58

Multiple Choice

Other things being equal, the effects of an increase in the price of orange juice would best be represented by a(n) :

• A) upward movement along the demand curve for orange juice.
• B) leftward shift in the demand curve for orange juice.
• C) downward movement along the demand curve for orange juice.
• D) rightward shift in the demand curve for orange juice.