A "decrease in demand" means that
A) the demand curve has shifted to the left.
B) price has declined and consumers want to purchase more of the good.
C) the demand curve has shifted to the right.
D) the price of the good can be expected to decline, assuming supply stays constant.
A
Economics
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Following housing market collapse, U.S. personal saving rates have
A) increased. B) decreased. C) remained the same. D) data not yet available.
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Why would large department stores such as Home Depot rather face shortages than increase the prices of basic food and repair items in cases of natural disasters such as Hurricanes?
a. They do not want to increase sales b. They are maximizing sales c. They do not want to be viewed as unfair d. All of the above
Economics