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    Managerial Economics and Strategy Study Set 2
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    Exam 2: Supply and Demand
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    If the Price of Automobiles Were to Increase Substantially, the Demand
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If the Price of Automobiles Were to Increase Substantially, the Demand

Question 39

Question 39

Multiple Choice

If the price of automobiles were to increase substantially, the demand curve for automobiles would most likely


A) shift rightward.
B) shift leftward.
C) remain unchanged.
D) become steeper.

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