Which of the following statements about a demand curve is true?
A) The demand curve for a good will not shift when the money income of consumers increases.
B) If price increases, the demand curve will shift to the right.
C) The demand curve for a good will not shift when price changes.
D) If a supply curve shifts, thereby changing price, the demand curve will shift as well.
E) If a demand curve shifts, the supply curve will shift as well irrespective of whether price changes.
Correct Answer:
Verified
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