With Reference to the Difference Between a Change in Demand

question 174

Multiple Choice

With reference to the difference between a change in demand and a change in quantity demanded, which of the following is true?

• A) If a good's price goes down, then demand for the good will decrease.
• B) If a good's price goes down, then quantity demanded will increase.
• C) If demand increases, then the demand curve will shift to the left.
• D) If price rises and quantity demanded decreases, then the demand curve will shift to the left.

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Definitions:

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