Multiple Choice
Suppose the demand curve for good Z is downward-sloping. If the price of good Z decreases because of a shift in supply, this will cause:
A) an increase in the demand for good Z.
B) a movement along the demand curve of good Z.
C) no effect on the quantity demanded of good Z.
D) fewer people to purchase good Z.
Correct Answer:
Verified
Correct Answer:
Verified
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