Which one of the following statements is incorrect? A. A movement along a demand curve relates to the slope of the curve. B. A movement along a demand curve is called a change in the quantity demanded. C. A shift of a demand curve relates to the position of the curve. D. A shift of a demand curve relates to the intercept of the curve. E. There is no real difference between a shift of a demand curve and a change in the quantity demanded.
Which one of the following statements is incorrect? A. A movement along a demand curve relates to the slope of the curve. B. A movement along a demand curve is called a change in the quantity demanded. C. A shift of a demand curve relates to the position of the curve. D. A shift of a demand curve relates to the intercept of the curve. E. There is no real difference between a shift of a demand curve and a change in the quantity demanded.
Brief Principles of Macroeconomics (MindTap Course List)
8th Edition
ISBN:9781337091985
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter4: The Market Forces Of Supply And Demand
Section: Chapter Questions
Problem 3QR
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Which one of the following statements is incorrect?
A. A movement along a
B. A movement along a demand curve is called a change in the quantity demanded.
C. A shift of a demand curve relates to the position of the curve.
D. A shift of a demand curve relates to the intercept of the curve.
E. There is no real difference between a shift of a demand curve and a change in the quantity
demanded.
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