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If a Demand Curve Shifts Left,it Implies

Question 85

Multiple Choice

If a demand curve shifts left,it implies


A) as a group, consumers are willing and able to pay less for the product.
B) as a group, consumers are willing and able to pay more for the product.
C) government has regulated how many people can purchase the product.
D) the profit motive of the firms is making the price too high.

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