Question
Joey found an interesting Wall Street article showing Unilever recently raised prices on its soap and ice cream. If you use Dove Soap or eat
Joey found an interesting Wall Street article showing "Unilever recently raised prices on its soap and ice cream. If you use Dove Soap or eat Ben & Jerry's ice cream, this may have impacted you. "She asks if quantity of Ben & Jerry's ice cream sold is down 9.9% due to the "post-pandemic" change in consumer tastes, keeping all other factors (including price) constant, what happens to the demand curve?
A. The demand curve does not shift, but the point moves down the curve, showing a decrease in quantity demanded.
B. the demand curve does not shift, but the point moves up the curve, showing a decrease in quantity demanded
C. The demand curve shifts right decreasing demand
B. The demand curve shifts left, decreasing demand.
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