(Figure: Shift in Demand 2) Use the figure to answer the question.
Which of the following market changes would lead to a shift of the demand curve from Old demand to New demand?
A) An increase in the popularity of the product with consumers.
B) A fall in the price of a substitute product.
C) A fall in the price of a complementary product.
D) Fewer sellers in the market.
Correct Answer:
Verified
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