When quantity demanded decreases at every possible price, the demand curve has shifted to the left. 000 0. shifted to the right. not shifted; rather, the demand curve has become flatter (more elastic). not shifted; rather, we have moved along the demand curve to a new point on the same curve.

Economics: Private and Public Choice (MindTap Course List)
16th Edition
ISBN:9781305506725
Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Chapter20: Consumer Choice And Elasticity
Section: Chapter Questions
Problem 7CQ
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When quantity demanded decreases at every possible price, the demand curve has
shifted to the left.
shifted to the right.
not shifted; rather, the demand curve has become flatter (more elastic).
not shifted; rather, we have moved along the demand curve to a new point on the same curve.
OOOO
Transcribed Image Text:When quantity demanded decreases at every possible price, the demand curve has shifted to the left. shifted to the right. not shifted; rather, the demand curve has become flatter (more elastic). not shifted; rather, we have moved along the demand curve to a new point on the same curve. OOOO
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