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The Law of Demand Concludes That a Rise in the Price

Question 143

Multiple Choice

The law of demand concludes that a rise in the price of a golf ball ________ the quantity demanded and ________.


A) increases; shifts the demand curve for golf balls rightward
B) decreases; shifts the demand curve for golf balls leftward
C) decreases; creates a movement up along the demand curve for golf balls
D) increases; creates a movement down along the demand curve for golf balls

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