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All Else Being Equal, the Decrease in Consumer Preference Predicted

Question 18

Multiple Choice

All else being equal, the decrease in consumer preference predicted by Apple for its iPhone 8 would be represented by a shift of the:


A) supply curve for iPhones to the right.
B) supply curve for iPhones to the left.
C) demand curve for iPhones to the right.
D) demand curve for iPhones to the left.

Correct Answer:

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