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For Movement Along the Demand Curve,from an Old Position to a New

Question 23

Multiple Choice

For movement along the demand curve,from an old position to a new one,the output effect is quantified as


A) the old quantity times the change in price.
B) the new price times the change in quantity.
C) the old price divided by the change in quantity.
D) the new quantity times the change in price.
E) the new price times the old quantity.

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