An "Increase in the Quantity Demanded" Means That

question 13

Multiple Choice

An "increase in the quantity demanded" means that

• A) the demand curve has shifted to the right.
• B) the supply curve has shifted to the left.
• C) price has declined and consumers therefore want to purchase more of the good.
• D) given supply,the price of the good can be expected to rise.

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Definitions:

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