Solved

If the Price of a Good Rises, Then Moving Along

Question 113

Multiple Choice

If the price of a good rises, then moving along a demand curve the percentage change in the quantity demanded will be


A) undefined.
B) zero.
C) positive.
D) negative.
E) either positive, negative or zero depending on how the demand curve shifted.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions