Solved

What Happens When the Price of a Good or Service

Question 120

Multiple Choice

What happens when the price of a good or service changes?


A) Supply shifts in the opposite direction.
B) Demand shifts in the opposite direction.
C) Demand shifts in the same direction.
D) There is a movement along a stable demand curve.

Correct Answer:

verifed

Verified

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

Related Questions