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villain villain
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11 months ago

An "increase in the quantity demanded" means that



the demand curve has shifted to the right.



the supply curve has shifted to the left.



price has declined and consumers therefore want to purchase more of the good.



given supply, the price of the good can be expected to rise.

Textbook 
Economics

Economics


Edition: 12th
Author:
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manuella14manuella14
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11 months ago
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