Price Change and Quantity Demanded
Assuming a normal demand curve, if an individual demands five units of a good at a price of $5, which of the following is most likely to occur if the price decreases to $4?
A
The individual will purchase more units of the good.
B
The individual will purchase fewer units of the good.
C
A movement along the demand curve will result in fewer units being purchased.
D
The price change will cause a shift in demand, resulting in more units being purchased.
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