Consider a demand curve for peaches. Which of the following movements will be observed if the price of peaches decline at a point in time?
a. The demand curve will rotate inward at the given price level.
b. The will be a movement up along the demand curve.
c. The demand curve will rotate outward at the given price level.
d. There will be a downward movement along the demand curve.
e. The demand curve will become steeper.
d
Economics