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Author Question: When deriving the market demand curve for a commodity, the only variable(s) that can change is (are) the (Read 74 times)

erikka246

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Question 1

A change in which of the following variables will result in NO change in the demand for a given commodity?
◦ tastes in favour of the commodity
◦ the distribution of income
◦ average household income
◦ population
◦ the price of the commodity

Question 2

When deriving the market demand curve for a commodity, the only variable(s) that can change is (are) the
◦ income of consumers.
◦ price of a related commodity.
◦ quantity of the commodity demanded.
◦ price of the commodity.
◦ both C and D.


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Marked as best answer by erikka246 on Oct 12, 2022

fdsajkl

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Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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erikka246

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Reply 2 on: Oct 12, 2022
YES! Correct, THANKS for helping me on my review


bdobbins

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Reply 3 on: Yesterday
Excellent

 

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