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Author Question: Other things being equal, the effect of an increase in the price of Coca-Cola would cause a(n): a. ... (Read 65 times)

shofmannx20

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on: Jun 30, 2018
Other things being equal, the effect of an increase in the price of Coca-Cola would cause a(n):
 a. upward movement along the demand curve for Coca-Cola.
  b. leftward shift in the demand curve for Coca-Cola.
  c. downward movement along the demand curve for Coca-Cola.
  d. rightward shift in the demand curve for Coca-Cola.

Question 2

A movement along the demand curve for automobiles is caused by a change in:
 a. the price of automobiles. b. the price of gasoline.
  c. the price of steel. d. consumers' incomes.


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ergserg

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

a

Answer to Question 2

a


shofmannx20

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

kthug

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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