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Author Question: FIGURE 3-1Refer to Figure 3-1. A shift of the demand curve for energy-efficient light bulbs ... (Read 65 times)

Lin Shi

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FIGURE 3-1

Refer to Figure 3-1. A shift of the demand curve for energy-efficient light bulbs from D to D2 could be caused by


◦ an expectation that new government regulation will require the use of energy-efficient light bulbs only.
◦ a news bulletin stating that energy-efficient light bulbs emit a harmful gas.
◦ an increase in the price of ordinary light bulbs.
◦ a change in preferences away from ordinary bulbs to energy-efficient bulbs.
◦ a decrease in the price of energy-efficient light bulbs.


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Marked as best answer by Lin Shi on Oct 12, 2022

Jim457

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Lin Shi

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Reply 2 on: Oct 12, 2022
Thanks for the timely response, appreciate it


Sarahjh

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Reply 3 on: Yesterday
Excellent

 

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