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A Shift in the Demand Curve Is Illustrated by Which

Question 9

Multiple Choice

A shift in the demand curve is illustrated by which of the following?


A) When prices remain the same, there is an increase or decrease in demand.
B) When prices remain the same, there is a significant decrease in demand.
C) As the price is raised, the quantity demanded increases, assuming all else stays the same.
D) As the price is lowered, the quantity demanded increases, assuming all else stays the same.
E) Movement along the curve rather than a shift of the curve indicates that some significant event has taken place outside the organization that has affected demand.

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