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Holding the Nonprice Determinants of Demand Constant,a Change in Price

Question 68

Multiple Choice

Holding the nonprice determinants of demand constant,a change in price would


A) result in either a decrease in demand or an increase in demand.
B) result in a movement along a stationary demand curve.
C) result in a shift of supply.
D) have no effect on the quantity demanded.

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