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Author Question: Movements along the demand curve are called changes in a. demand b. opportunity costs c. quantity ... (Read 70 times)

fagboi

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on: Jul 1, 2018
Movements along the demand curve are called changes in
 a. demand
  b. opportunity costs
  c. quantity demanded
  d. the substitution effect
  e. preferences

Question 2

In what way is consumer demand different from consumer wants?
 a. Demand is only for necessities.
  b. Demand is only for luxuries.
  c. Demand takes into account the ability to pay.
  d. Consumer wants are only for luxuries.
  e. Consumer wants are only for necessities.


Brummell1998

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Reply #1 on: Jul 1, 2018
Answer to Question 1

C

Answer to Question 2

C


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