Refer to the accompanying diagram.An increase in the number of buyers would cause the demand curve to:
A) shift from D₁ to D₃.
B) remain at D₁.
C) shift from D₁ to D₂.
D) shift from D₂ to D₁.
E) shift from D₂ to D₃.
Correct Answer:
Verified
Q12: According to the law of demand,all other
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A) reduce profits.
B) increase profits.
C)
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