Explain the apparent contradiction in detail

Reference no: EM132179352

Question: An increase in price reduces quantity demanded, while a fall in demand reduces price; A now economist might find this statement contradictory. By distinguishing between shifts of a demand curve and movements along a demand curve, explain the apparent contradiction.

Reference no: EM132179352

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Explain the apparent contradiction in detail : An increase in price reduces quantity demanded, while a fall in demand reduces price; A now economist might find this statement contradictory.

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