Multiple Choice
Use the following to answer questions : 
-(Scenario: Market Basket) Look at the scenario Market Basket. What is the value of the price index in 2010?
Distinguish between movements along a curve versus shifts of the curve in supply and demand analysis.
Analyze the consequences of technological changes and preferences on market equilibrium.
Understand the factors that cause movement along the demand curve versus shifts in the demand curve.
Differentiate between a decrease in demand and a decrease in quantity demanded.
Definitions:
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