Which of the Following Statements About Demand Is Correct

question 125

Multiple Choice

Which of the following statements about demand is correct?

• A) A change in the price of bicycles will not lead to a shift of the demand curve for bicycles.
• B) A change in the price of automobiles will lead to a shift of the demand curve for motorcycles.
• C) A change in demand is equivalent to a movement along a given demand curve.
• D) When price falls,so does the quantity demanded.
• E) When the demand curve shifts to the right,so will the supply curve.

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Expression

A mathematical phrase that can contain numbers, variables, and operation symbols but doesn't have an equal sign.

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Expression

A combination of symbols and operators in mathematics that represent a quantity or a relation.

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