Holding the Nonprice Determinants of Demand Constant,a Change in Price

question 131

Multiple Choice

Holding the nonprice determinants of demand constant,a change in price would

• A)result in either a decrease in demand or an increase in demand.
• B)result in a movement along a stationary demand curve.
• C)result in a shift of supply.
• D)have no effect on the quantity demanded.

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Definitions:

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