Ceteris paribus, a change in the price of a good always results in a change in:

Name: Ceteris paribus, a change in the price of a good always results in a change in:
Brand: Quizplus
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Question

Quizplus · Accepted Answer

By definition, a change in the price of a good will lead to a movement along the demand curve, resulting in a corresponding change in the quantity demanded of that good. The other options are not necessarily affected by a change in the price of a good.

Ceteris Paribus, a Change in the Price of a Good