Multiple Choice
Other things being equal, the effect of an increase in the price of orange juice would be illustrated by
A) an upward movement along the demand curve for orange juice.
B) a leftward shift in the demand curve for orange juice.
C) a downward movement along the demand curve for orange juice.
D) a rightward shift in the demand curve for orange juice.
Correct Answer:
Verified
Correct Answer:
Verified
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