Multiple Choice
A shift in the demand curve for sailboats resulting from an increase in incomes will lead to
A) higher prices of sailboats.
B) lower prices of sailboats.
C) a corresponding shift in the supply curve for sailboats.
D) lower output of sailboats.
E) no change in the price of sailboats.
Correct Answer:
Verified
Correct Answer:
Verified
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