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Questions

ECON 201 Quiz 2: Ch 3 on S&D

Single choice

An increase in demand is a movement along the demand curve to the right.

Options
A.True
B.False
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Step-by-Step Analysis
Interpreting the statement requires recalling the distinction between a shift of the demand curve and a movement along the curve. Option 1: True. This would claim that an increase in demand is a movement along the demand curve to the right. In microeconomics, movements along t......Login to view full explanation

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