Other things being equal, the effect of a decrease in the price of Coca-Cola would cause which of the following?
a. A rightward shift in the demand curve for Coca-Cola.
b. A downward movement along the demand curve for Coca-Cola.
c. A leftward shift in the demand curve for Coca-Cola.
d. An upward movement along the demand curve for Coca-Cola.
b
Economics
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The automobile, steel, and oil markets are all examples of:
A. perfectly competitive markets. B. monopolies. C. monopolistically competitive markets. D. oligopolies.
Economics
Which goods did NOT decrease in price between 2000 and 2015?
A. Alcoholic beverages away from home B. Toys C. Televisions D. Personal computers and peripherals
Economics