Multiple Choice
Which of the following statements is FALSE?
A) A change in the demand for a product is caused by factors other than changes in the product's price.
B) A decrease in demand shifts the demand curve leftward toward the origin,while a decrease in quantity demanded involves a movement upward along a particular demand curve.
C) If there is an increase in the demand for a product,consumers want to buy more of the product at each and every possible price.
D) If the price of a good rises,quantity demanded of the good decreases and the demand curve shifts toward the origin.
Correct Answer:
Verified
Correct Answer:
Verified
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