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Other Things Being Equal, the Effect of a Decrease in the Price

Question 262

Multiple Choice

Other things being equal, the effect of a decrease in the price of grapes would be illustrated by


A) a rightward shift in the demand curve for grapes.
B) an increase in the quantity demanded for grapes.
C) a leftward shift in the demand curve for grapes.
D) a decrease in the quantity demanded grapes.

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