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Referring to the Economics in Practice on Page 320: a Successful

Question 189

Multiple Choice

Referring to the Economics in Practice on page 320: A successful celebrity endorsement of a product will likely shift the demand curve for the product to the ________, resulting in ________ in the equilibrium price of the item.


A) right; an increase
B) right; a decrease
C) left; an increase
D) left; a decrease

Correct Answer:

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