Exhibit 4-4 
Refer to Exhibit 4-4.Which of the following would cause a shift of demand from D' to D?
A) an increase in the price of a substitute good
B) an increase in the number of consumers
C) a decrease in the price of a complementary good
D) a decline in consumers' incomes if it is a normal good
E) an increase in consumers' incomes if it is a normal good
Correct Answer:
Verified
Q157: Exhibit 4-3 Q158: Exhibit 4-3 Q159: When a market is in equilibrium, Q161: A rightward shift of a supply curve Q163: If the tea harvest is bad in Q164: An increase in supply will cause equilibrium Q165: The market for chewing gum is competitive Q166: What is the effect of a decrease Q167: The market for chewing gum is competitive Q233: Suppliers recognize there is a shortage in
A)producers earn
A)represents
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