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Author Question: All of the following would shift a product's demand curve except a(n): a. increase in the price of ... (Read 110 times)

jCorn1234

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on: Jun 30, 2018
All of the following would shift a product's demand curve except a(n):
 a. increase in the price of the product.
 b. decrease in consumer income.
 c. increase in the price of a substitute.
 d. increase in the price of a complement.

Question 2

The SRAS is ____; the LRAS is ____.
 a. upward sloping; upward sloping
  b. upward sloping; vertical
 c. vertical; upward sloping
 d. vertical; vertical


jharrington11

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Reply #1 on: Jun 30, 2018
Answer to Question 1

a

Answer to Question 2

b


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