Which of the Following Statements Is FALSE

question 85

Multiple Choice

Which of the following statements is FALSE?

• A) If there is an increase in the demand for a product, consumers want to buy more of the product at each and every possible price.
• B) A decrease in demand shifts the demand curve leftward toward the origin, while a decrease in quantity demanded involves a movement upward along a particular demand curve.
• C) If the price of a good rises, quantity demanded of the good decreases and the demand curve shifts toward the origin as long as supply is static.
• D) A change in the demand for a product is caused by factors other than changes in the product's price.

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