A shift of the demand curve leftward from its original position indicate?

By: |Published on: May 5|Categories: Economics NECO| 0 comments

A. an increase in quantity demanded
B. a decrease in quantity demanded
C. an expansion of demand
D. a fall in demand
E. price effect on demand

Correct Answer:

Option D – a fall in demand

Users Also Read These:

SEE ALSO  If the standard deviation of a set of numbers is 3.6; what is the variance?

Copyright warnings! Do not copy.