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If a Significant Number of Smokers Switch from Smoking Tobacco

Question 94

Multiple Choice

If a significant number of smokers switch from smoking tobacco cigarettes to e-cigarettes, a company like NJOY will likely find its demand curve shifting to the ________ and its marginal revenue curve shifting to the ________ as more competitors enter the market.


A) right; right
B) right; left
C) left; right
D) left; left

Correct Answer:

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