If a Demand Curve Shifts Left,it Implies

question 85

Multiple Choice

If a demand curve shifts left,it implies

• A) as a group, consumers are willing and able to pay less for the product.
• B) as a group, consumers are willing and able to pay more for the product.
• C) government has regulated how many people can purchase the product.
• D) the profit motive of the firms is making the price too high.

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