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Exhibit 4-14 Refer to Exhibit 4-14

Question 234

Multiple Choice

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


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

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