A Decrease in Demand for a Good Could Mean That

question 60

Multiple Choice

A decrease in demand for a good could mean that

• A)consumers are willing to pay a higher price for each quantity of the good
• B)consumers are willing to buy larger quantities of the good at each price
• C)the demand curve has undergone a parallel shift to the right
• D)the demand curve has undergone a nonparallel shift to the right
• E)the demand curve has shifted to the left

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