Multiple Choice
Which of the following statements is FALSE about the demand curve?
A) An increase in demand shifts the demand curve to the left, closer to the price axis.
B) When only the price of a good changes, there is movement along the demand curve but no change in demand.
C) A change in demand is graphically shown by shifting the entire demand curve.
D) When demand decreases, there is a drop in the quantity demanded at each price.
Correct Answer:

Verified
Correct Answer:
Verified
Q399: Another name for a surplus is<br>A) excess
Q400: The price of a new textbook increases
Q401: Two goods are substitutes when<br>A) an increase
Q402: What information is provided by a demand
Q403: Jane has noticed that she used to
Q405: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5018/.jpg" alt=" -Refer to the
Q406: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5018/.jpg" alt=" -Refer to the
Q407: If consumers expect that the price of
Q408: Which of the following will NOT affect
Q409: The effects of a per-unit tax imposed