Multiple Choice
A decrease in demand for a good could be caused by:
A) a decrease in the price of the good.
B) a decrease in the price of a complement of the good.
C) a technological advancement that decreases the cost of production of the good.
D) a decrease in the price of a substitute of the good.
E) an increase in the income of the consumers of the good.
Correct Answer:
Verified
Correct Answer:
Verified
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