When an economist says that the demand for a product has increased, this means that: - 6944

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When an economist says that the demand for a product has increased, this means that:

A.  the demand curve becomes steeper. 

 B.  quantity demanded is greater at each possible price. 

 C.  consumers respond to a lower price by buying more. 

 D.  firms make less of the product available for sale. 

 
Solution Description

When an economist says that the demand for a product has increased, this means that: