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Figure 2.3 -In Figure 2.3, the Initial Demand Curve Is D1 and Curve

Question 107

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Figure 2.3 -In Figure 2.3, the initial demand curve is D<sub>1</sub> and the supply curve is S<sub>1</sub>. Which of the following would most likely change equilibrium from point A to point D?

Figure 2.3
Figure 2.3 -In Figure 2.3, the initial demand curve is D<sub>1</sub> and the supply curve is S<sub>1</sub>. Which of the following would most likely change equilibrium from point A to point D? A) An increase in income B) A decrease in the price of good X C) An increase in the price of a complementary good D) Lower productivity E) An increase in the price of a substitute good
-In Figure 2.3, the initial demand curve is D1 and the supply curve is S1. Which of the following would most likely change equilibrium from point A to point D?


A) An increase in income
B) A decrease in the price of good X
C) An increase in the price of a complementary good
D) Lower productivity
E) An increase in the price of a substitute good

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