The Change in the Amount of a Good Purchased After

question 247

Multiple Choice

The change in the amount of a good purchased after a shift of the supply curve depends on

• A)the size of the shift.
• B)the slope of the demand curve.
• C)whether the market is subject to price controls.
• D)All of these responses are correct.

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Definitions:

Apples

A type of fruit known for its sweet taste and crisp texture, widely consumed fresh, juiced, or used in various culinary dishes.

Oranges

A citrus fruit known for its sweet or slightly acidic flavor, commonly consumed fresh or as juice.

Consumptions

The act of using goods and services for personal use, including the spending on such goods and services in an economy.

Apples

A fruit produced by an apple tree, widely consumed and cultivated globally for its sweetness and variety of uses.