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

question 373

Multiple Choice

Other things being equal, the effect of an increase in the price of orange juice would be illustrated by

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

---

Definitions:

Composition

The process or result of combining two or more functions by applying one function to the result of the other.

\(5x+9\)

An algebraic expression representing a linear function.

\(x-5\)

An algebraic expression representing a value five less than the variable x.

Transformation

A process by which a shape is changed through operations such as rotation, reflection, translation, or resizing, altering its position or size but not its fundamental characteristics.