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Consider the Market for Smart Phones

Question 119

Multiple Choice

Consider the market for smart phones.Which of the following shifts the demand curve rightward?


A) an increase in the price of smart phones
B) a decrease in the price of smart phones
C) an increase in the price of land-line phone service, a substitute for smart phones
D) a decrease in the number of smart phone buyers
E) an increase in the supply of smart phones.

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