When the Price of a Good or Service Changes

question 35

Multiple Choice

When the price of a good or service changes,

• A)the demand curve shifts in the opposite direction.
• B)the supply curve shifts in the opposite direction.
• C)the supply curve shifts in the same direction.
• D)there is a movement along a given supply curve.

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Definitions:

Proslavery Argument

Justifications for slavery that emerged in the United States, including economic benefits, racial theories, and claims of benevolence.

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