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Which of the Following Would Most Likely Cause a Decrease

Question 89

Multiple Choice

Which of the following would most likely cause a decrease in current consumer demand for normal good X?


A) a decline in the price of product X
B) an increase in consumer income
C) a decrease in the prices of goods which are close substitutes for X
D) an increase in the price which consumers expect will prevail for product X in the future

Correct Answer:

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