Multiple Choice
When economists say the demand for a product has decreased, they mean
A) the demand curve has shifted to the left.
B) the product price has increased, and as a consequence, consumers are buying less of the product.
C) consumers are now willing and able to buy more of this product at each possible price.
D) the demand curve has shifted to the right.
Correct Answer:
Verified
Correct Answer:
Verified
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