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Author Question: Which of the following cultural events likely increased the demand for the associated product? A) ... (Read 36 times)

PhilipSeeMore

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on: Jul 1, 2018
Which of the following cultural events likely increased the demand for the associated product?
 
  A) the banning of cigarette advertising on television
  B) the inclusion of Reese's Pieces in the movie E.T.
  C) increased environmental awareness about the impacts of sport utility vehicles (SUVs)
  D) concerns over Mad Cow disease in beef

Question 2

If a yet-to-be released video game receives a positive review in a popular gaming magazine,
 
  A) the demand curve is expected to shift to the right.
  B) the demand curve is expected to shift to the left.
  C) the demand curve is not expected to change.
  D) for those who read the review, demand shifts to the left. For those who don't read the review, demand shifts to the right.
Microeconomics ¦ Perloff ¦ 8th Edition
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Harbringer

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Reply #1 on: Jul 1, 2018
Answer to Question 1

B

Answer to Question 2

A


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PhilipSeeMore

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Reply #2 on: Jul 1, 2018
Thank you :)


Harbringer

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Reply #3 on: Jul 1, 2018
Happy to help you


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