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An Increase in the Price of Good X Will Be

Question 28

Multiple Choice

An increase in the price of good x will be accompanied by


A) a shift in the market demand curve for good x.
B) a shift in the market demand curve for good y (a substitute for good x) .
C) a movement along the market demand curve for good x.
D) a shift in the market demand curve for good y (a substitute for good x) and a movement along the market demand curve for good x.

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