Flashcards on Assignment 4 (Ch 6 & 4-[pp.62-65], LS Ch 3 & 33), created by casedlynch on 30/04/2014.
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Created by casedlynch
almost 10 years ago
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Created by casedlynch
almost 10 years ago
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Which statement is consistent with the law of demand?
Which of the following characteristics lead to a downward-sloping demand curve?
If a buyer withdraws from the market, which way does the demand curve shift?
a decrease in quantity demanded
a decrease in supply or demand
