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Author Question: If income increases, then with regard to expensive cuts of steak, it is likely that the demand ... (Read 136 times)

james9437

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on: Jun 30, 2018
If income increases, then with regard to expensive cuts of steak, it is likely that the demand curve:
 a. shifts to the right.
  b. shifts to the left.
  c. becomes steeper.
  d. does not change.
  e. becomes flatter.

Question 2

A change in demand cannot be caused by a change in:
 a. tastes.
  b. population.
  c. the prices of other goods.
  d. expectations of future prices.
  e. the price of the good itself.


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fromAlphatoOmega22

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

a

Answer to Question 2

e


james9437

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Reply 2 on: Jun 30, 2018
Excellent

vickyvicksss

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Reply 3 on: Yesterday
:D TYSM

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