Multiple Choice
Which of the following is likely to shift the demand for chocolates to the left?
A) An increase in the price of cocoa used to make chocolates
B) Medical reports suggesting increased risk of memory loss among the aged due to high chocolate consumption
C) A decrease in the price of chocolates
D) The introduction of minimum wages by the government in an attempt to improve the average wage level in the economy and alleviate poverty
Correct Answer:
Verified
Correct Answer:
Verified
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