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Which of the Following Statements About Demand and Supply Curves

Question 50

Multiple Choice

Which of the following statements about demand and supply curves is true?


A) The demand curve will shift to the right if buyers' incomes increase.
B) The demand curve will shift to the left if the number of buyers decreases.
C) The supply curve will shift to the right if the number of suppliers increases.
D) The supply curve will shift to the left if taxes are decreased.
E) All of the above statements about supply and demand curves are true.

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