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What Will Cause the Demand for a Normal Product to Increase

Question 136

Multiple Choice

What will cause the demand for a normal product to increase?


A) The expectation by consumers that future prices will be higher.
B) A decrease in the price of a substitute product.
C) An increase in the price of a complementary product.
D) A decrease in income levels.
E) A decrease in the size of the population.

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