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 6QP: Suppose a straight-line downward-sloping demand curve shifts rightward. Is the price elasticity of...
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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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