Solved

Buyers Who Were Originally Willing to Buy 800 Units of a Good

Question 175

Multiple Choice

Buyers who were originally willing to buy 800 units of a good at $4 per unit are now willing to buy 1200 units at $4 per unit. That change would be described as:


A) ​an increase in demand.
B) ​a decrease in demand.
C) ​an increase in quantity demanded.
D) ​a decrease in quantity demanded.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents