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Archive for November 2017

Any change that lowers the quantity that buyers wish to purchase at any given price shifts the demand curve to the _______.

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Any change that lowers the quantity that buyers wish to purchase at any given price shifts the demand curve to the _______.



Answer: left

Any change that raises the quantity that buyers wish to purchase at any given price shifts the demand curve to the ___________.

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Any change that raises the quantity that buyers wish to purchase at any given price shifts the demand curve to the ___________.



Answer: right

What determinant plays the central role in determining the quantity of any demanded good?

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What determinant plays the central role in determining the quantity of any demanded good?



Answer: price
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