Consider a demand curve for apples: "A change in the price of apples leads to a ________ the demand curve for apples because ________ A. shift in; changes in the prices of other fruit affect demand B. shift in; all other factors influencing demand are held constant C. movement along; all other factors influencing buying plans are held constant D. movement along; all other factors influencing demand are allowed to change E. movement along; changes in the prices of other fruit affect demand
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This is because the demand curve for a good or service is determined by the quantity demanded at different prices, holding all other factors constant. So, the correct answer would be either B, C, D or E. Secondly, we need to consider whether all other factors Show more…
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