Explain the apparent contradiction


Problem

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.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: Explain the apparent contradiction
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