Multiple Choice
All else equal, the decrease in consumer preference predicted by Apple for its iPhone 5 would be represented by a
A) shift in the supply curve for iPhones to the right.
B) shift in the supply curve for iPhones to the left.
C) shift in the demand curve for iPhones to the right.
D) shift in the demand curve for iPhones to the left.
Correct Answer:
Verified
Correct Answer:
Verified
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