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11 Dec 2019
Which of the following statements about demand curves is TRUE?
a) If the price falls and quantity demanded increases, this is represented by a movement along a given demand curve.
b) If the price falls and quantity demanded increases, this is represented by a shift of the demand curve.
c) If the price falls and quantity demanded increases, this can be represented by either a movement along a given demand curve or a shift of the demand curve.
d) None of the above are true.
Which of the following statements about demand curves is TRUE?
a) If the price falls and quantity demanded increases, this is represented by a movement along a given demand curve.
b) If the price falls and quantity demanded increases, this is represented by a shift of the demand curve.
c) If the price falls and quantity demanded increases, this can be represented by either a movement along a given demand curve or a shift of the demand curve.
d) None of the above are true.
Read by 16 people
29 Jun 2021
Divya SinghLv10
15 Oct 2020
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