Which of the Following Best Represents the Effects of a Decrease

question 176

Multiple Choice

Which of the following best represents the effects of a decrease in the price of tomato juice, other things being equal?

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

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Definitions:

Kente Cloth

A type of silk and cotton fabric made of interwoven cloth strips and is native to the Akan ethnic group of South Ghana, known for its vibrant colors and designs.

Material

A substance or substances from which a thing is or can be made.

Kente Cloth

A traditional Ghanaian textile made of interwoven cloth strips, highly symbolic and often worn for special occasions with specific meanings tied to its colors and patterns.

Produced

Created, manufactured, or brought into existence through a process.