Which statement is true? a) A change in demand is the same thing as a change in
Question:
Which statement is true?
a) A change in demand is the same thing as a change in the quantity demanded.
b) The supply curve moves upward to the left.
c) The law of demand is no longer valid.
d) A rise in income will increase the demand for normal goods.
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The correct statement is d A rise in income will increase the demand for normal goods Heres why the ...View the full answer
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