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If the Price of a Good or Service Increases, What

Question 36

Multiple Choice

If the price of a good or service increases, what happens to the firm's demand curve?


A) The demand curve shifts inward toward the origin.
B) The demand curve shifts outward away from the origin.
C) There is an upward movement along the demand curve.
D) There is a downward movement along the demand curve.
E) The slope of the demand curve changes.

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