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If a Significant Number of Consumers Switch from Consuming Traditional

Question 8

Multiple Choice

If a significant number of consumers switch from consuming traditional baked goods to consuming vegan baked goods, a vegan bakery will likely find its demand curve shifting to the ________ and its marginal revenue curve shifting to the ________ as more competitors enter the market.


A) right; right
B) right; left
C) left; right
D) left; left

Correct Answer:

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