In much of the country,homeowners choose to heat their houses with either natural gas or heating oil,both of which are normal goods.Which factor would cause an increase in the demand for natural gas?
A) an increase in the price of natural gas
B) a decrease in the price of natural gas
C) a decrease in the price of heating oil
D) an increase in consumer incomes
Correct Answer:
Verified
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Q8: A shift of the demand curve for
Q10: Which statement is CORRECT?
A)A change in demand
Q11: _ illustrates an inverse relationship between price
Q12: The law of demand states that,other things
Q13: If goods A and B are substitutes,a
Q14: A negative relationship between quantity demanded and
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