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Exhibit 4-4 -Refer to Exhibit 4-4.Which of the Following Would Cause a Would

Question 169

Multiple Choice

Exhibit 4-4 Exhibit 4-4 -Refer to Exhibit 4-4.Which of the following would cause a shift of demand from D' to D? A) an increase in the price of a substitute good B) an increase in the number of consumers C) a decrease in the price of a complementary good D) a decline in consumers' incomes if it is a normal good E) an increase in consumers' incomes if it is a normal good
-Refer to Exhibit 4-4.Which of the following would cause a shift of demand from D' to D?

A) an increase in the price of a substitute good
B) an increase in the number of consumers
C) a decrease in the price of a complementary good
D) a decline in consumers' incomes if it is a normal good
E) an increase in consumers' incomes if it is a normal good

Correct Answer: