Multiple Choice
If the price of ice cream increases and the quantity demanded decreases, economists would describe this as:
A) a change in demand.
B) a change in quantity demanded.
C) a change in consumer income.
D) a change in one of the variables that shift demand.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q63: A movement along the demand curve might
Q87: Suppose roses are currently selling for $20
Q89: A decrease in the price of a
Q124: An increase in the price of Product
Q125: Antonio's makes the greatest pizza and delivers
Q126: Which of the following is true?<br>A)According to
Q129: Which of the following would not shift
Q130: Which of the following is not a
Q131: Either an increase in the number of
Q132: Which of the following relationships reflect the