Multiple Choice
A fall in the average income of consumers,say during a recession,is represented by:
A) an upward movement along the demand curve for product A.
B) a movement along the demand curve for product A that may be up or down,depending on the direction of the price change.
C) a shift of the demand curve for product A.
D) a rotation of the demand curve for product A.
E) a shift of the demand curve for the related good or service.
Correct Answer:

Verified
Correct Answer:
Verified
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