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Which Statement Best Describes What Happens When There Is a Change

Question 151

Multiple Choice

Which statement best describes what happens when there is a change in quantity demanded?  


A)  A change in quantity demanded is shown by a shift in a given demand curve. 
B)  The demand curve shifts whenever the quantity demanded of a substitute good changes. 
C)  A change in the price of a good, other things constant, will lead to a change in quantity demanded. 
D)  The lower the price of a product, other things constant, the lower the quantity demanded.

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