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Exhibit 4-14 Refer to Exhibit 4-14

Question 231

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Exhibit 4-14 Exhibit 4-14 Refer to exhibit 4-14.An increase in the price of baby formula would cause which of the following to happen? A) demand shift from D<sub>1</sub> to D<sub>2</sub> B) move on demand curve D<sub>1</sub> from a to b C) demand shift from D<sub>2</sub> to D<sub>1</sub> D) move on demand curve D<sub>2</sub> from d to c E) move from b on demand curve D<sub>1</sub> to c on demand curve D<sub>2</sub> Refer to exhibit 4-14.An increase in the price of baby formula would cause which of the following to happen?


A) demand shift from D1 to D2
B) move on demand curve D1 from a to b
C) demand shift from D2 to D1
D) move on demand curve D2 from d to c
E) move from b on demand curve D1 to c on demand curve D2

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