Which of the following would most likely not cause market demand for a normal good to decline?
A) An increase in the price of a substitute.
B) An increase in the price of a complement.
C) A decline in consumer income.
D) Consumer expectations that the good will go on sale in the near future.
E) An announcement by the Surgeon General that the product contributes to premature death.death.
Correct Answer:
Verified
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Q58: An increase in demand:
A) results in a
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Q77: Which of the following would most likely
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