Solved

The "Law of Demand" Refers to the Fact That,other Things

Question 282

Multiple Choice

The "law of demand" refers to the fact that,other things remaining the same,when the price of a good rises,


A) the demand curve shifts rightward.
B) the demand curve shifts leftward.
C) there is a movement down along the demand curve to a larger quantity demanded.
D) there is a movement up along the demand curve to a smaller quantity demanded.
E) the demand curve shifts rightward and there is a movement up along the demand curve to a smaller quantity demanded.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions