Figure 3-2 Shows the Shifts in the Demand Curve for a Good

question 1

Multiple Choice

Figure 3-2 shows the shifts in the demand curve for a good. A change from Point A to Point B represents a(n) :Figure 3-2

• A)increase in demand.
• B)decrease in demand.
• C)decrease in quantity demanded.
• D)increase in quantity demanded
• E)decrease in the price of the good

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A levy on property that the owner is required to pay, usually based on the value of the property.

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An American polymath who was a founding father of the United States.

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Mandatory financial charges or some other type of levy imposed upon a taxpayer by a governmental organization in order to fund government spending and various public expenditures.