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20 January, 02:58

When the price of a good or service changes, select one:

a. the demand curve shifts in the opposite direction.

b. the supply curve shifts in the opposite direction.

c. the supply curve shifts in the same direction.

d. there is a movement along a given supply curve?

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Answers (1)
  1. 20 January, 03:19
    0
    The answer is D.

    When the price of a good or service changes, there is a movement along a given supply curve. A shift in a demand or supply curve changes the equilibrium price and equilibrium quantity for a good or service.
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