A change in tastes can cause people to move down their demand curve, unlike an increase in income, which will cause the demand curve to shift.
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Q40: Use the following to answer questions :
Figure
Q41: An increase in demand means a movement
Q42: Use the following to answer questions :
Table
Q43: Over time the fact that some people
Q44: Equilibrium occurs where the demand curve intersects
Q46: The high and rising price of lobsters
Q47: Assume that the demand for boats as
Q48: Lower prices coax out higher quantities demanded
Q49: Which of the following could affect a
Q50: Assume that the demand for penicillin as
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