Pancyprian Economics Practice Questions - Cyprus Pancyprian Access Examination Economics (ΟΙΚΟΝΟΜΙΚΑ, Code 024) Exam

A fall in the price of oranges, with all other factors unchanged, causes:

a rightward shift of the demand curve for oranges a leftward shift of the demand curve for oranges a movement down along the existing demand curve for oranges a movement up along the existing supply curve for oranges

Correct Answer:

a movement down along the existing demand curve for oranges

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