Multiple Choice
-Refer to Exhibit 3-5.In the market shown,a rightward shift in demand from D1 to D2 could have been caused by
A) an increase in the number of sellers in the market.
B) an improvement in technology in the production of this good.
C) a decrease in buyers' income (assuming the good is an inferior good) .
D) a decrease in buyers' income (assuming the good is a normal good) .
E) a and b
Correct Answer:
Verified
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