The Impact of an Increase in the Price of a Particular

question 47

Multiple Choice

The impact of an increase in the price of a particular good is illustrated as a

• A) leftward shift in its demand curve.
• B) rightward shift in its demand curve.
• C) movement upward and to the left along its demand curve.
• D) movement downward and to the right along its demand curve.
• E) rightward shift in its demand curve and a movement upward and to the left along its demand curve.

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