Solved

-Assuming That Baseball and Football Cards Are Substitutes

Question 53

Multiple Choice

-Assuming that baseball and football cards are substitutes.What might explain the shift in demand curve for baseball cards from D<sub>2</sub> to D<sub>1</sub> in Figure 3-6? A) an increase in the price of baseball cards B) a decrease in the price of baseball cards C) an increase in income (assuming that baseball cards are a normal good) D) an increase in the population E) a decrease in the price of football cards
-Assuming that baseball and football cards are substitutes.What might explain the shift in demand curve for baseball cards from D2 to D1 in Figure 3-6?


A) an increase in the price of baseball cards
B) a decrease in the price of baseball cards
C) an increase in income (assuming that baseball cards are a normal good)
D) an increase in the population
E) a decrease in the price of football cards

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