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Three of the Four Events Described Below Might Reasonably Be

Question 273

Multiple Choice

Three of the four events described below might reasonably be expected to shift the demand curve for beef to a new position. One would not shift that demand curve. The single exception is a(n) :


A) change in people's tastes for beef.
B) increase in the money incomes of beef consumers.
C) fall in the price of beef.
D) change in the price of a product competitive with beef (e.g. pork) .

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