Multiple Choice
"As the price of personal computers continues to fall, demand increases." This headline is inaccurate because:
A) a change in the price of personal computers shifts the demand curve.
B) a change in the price of personal computers shifts the supply curve.
C) the statement is backwards: increased demand leads to lower prices.
D) a falling price for personal computers increases quantity demanded, not demand.
Correct Answer:
Verified
Correct Answer:
Verified
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