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The Demand Curve for Widgets Is Given by QD =

Question 11

Multiple Choice

The demand curve for Widgets is given by QD = 6000 - 2y - 200p + 30pG,where QD is the quantity of widgets demanded,y is the per capita income and pG is the price of Gizmos.An increase in per capita income will cause


A) demand shifts left.
B) demand shifts right.
C) demand increases.
D) movement along the demand curve.

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