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An Increase in Demand Means That

Question 15

Multiple Choice

An increase in demand means that:


A) the price of the product has fallen, so consumers move down to a new point on the demand curve
B) the quantity demanded at every price is greater than before
C) the quantity demanded at every price is less than before
D) the price of the product has risen, so consumers move up to a new point on the demand curve
E) the supply curve has shifted to the right

Correct Answer:

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