FIGURE 3-1 Refer to Figure 3-1.A shift of the demand curve for energy-efficient light bulbs from D to D1 could be caused by
A) a decrease in the price of ordinary light bulbs.
B) a news bulletin stating that energy-efficient light bulbs emit a harmful gas.
C) a decrease in the price of energy-efficient light bulbs.
D) an expectation that government regulation will soon prohibit the use of ordinary light bulbs.
E) a change in preferences toward ordinary light bulbs.
Correct Answer:
Verified
Q53: Which of the following events would cause
Q54: Q55: Economists say there has been a change Q56: Suppose that the demand curves for goods Q57: Quantity demanded is a flow variable,which means Q59: Which statement best describes a "supply schedule"? Q60: Suppose new medical research suggests that consuming Q61: To say that the supply curve is Q62: A leftward shift in the supply curve Q63: A rightward shift in the supply curve![]()
A)a
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