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.

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 (MindTap Course List)

13th Edition

ISBN:9781337617383

Author:Roger A. Arnold

Publisher:Roger A. Arnold

Chapter19: Elasticity

Section: Chapter Questions

Problem 2WNG: As the price of good X rises from 10 to 12, the quantity demanded of good Y rises from 100 units to...

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Question

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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