Multiple Choice
A leftward shift in the demand curve for a commodity may
A) mean consumers are willing to buy more of the good at each price than previously.
B) decrease the equilibrium price of the commodity.
C) mean that supply decreased.
D) mean that the price of a complement has fallen.
E) follow from a rise in the price of the product.
Correct Answer:
Verified
Correct Answer:
Verified
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