Poetsch: Supply and Demand Flashcards

Poetsch: Supply and Demand

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Question

What could have caused the shift in the demand curve?

Answer

an increase in consumer income, the price of a substitute good goes up

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Poetsch: Supply and Demand

0 / 20

Question

Answer

an increase in consumer income, the price of a substitute good goes up

Know itStill learning

Card 1 of 20