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All Else Being Equal,the Decrease in Consumer Preference Predicted by Apple

Question 186

Multiple Choice

All else being equal,the decrease in consumer preference predicted by Apple for its iPhone 5 would be represented by a


A) shift of the supply curve for iPhones to the right.
B) shift of the supply curve for iPhones to the left.
C) shift of the demand curve for iPhones to the right.
D) shift of the demand curve for iPhones to the left.

Correct Answer:

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