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Other Things Being Equal, the Effects of an Increase in the Price

Question 91

Multiple Choice

Other things being equal, the effects of an increase in the price of crackers on the market for soup is represented by a(n) :


A) downward movement along the demand curve for soup.
B) upward movement along the demand curve for soup.
C) rightward shift in the demand curve for soup.
D) leftward shift in the demand curve for soup.

Correct Answer:

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