Which of the Following Illustrates a Shift in the Demand

question 44

Multiple Choice

Which of the following illustrates a shift in the demand curve?

• A)When prices remain the same, there is a significant decrease in demand.
• B)As the price is raised, the quantity demanded increases, assuming all else stays the same.
• C)When prices remain the same, there is an increase or decrease in demand.
• D)As the price is lowered, the quantity demanded decreases, assuming all else stays the same.
• E)An internal matter has forced a price change of some type, but it does not impact demand.

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Definitions:

Fallacy

An error in reasoning that results in an invalid argument or a misconception.

Majority Opinion

The judicial opinion agreed to by more than half of the members of a court, setting forth the decision in a case and an explanation of the rationale behind the court's decision.

Appeal To Emotion

A logical fallacy that uses the manipulation of emotions rather than valid logic to persuade.

Fallacy

A flaw in thinking that leads to a fallacy, rendering the argument not valid.