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Which of the following brings only an increase in the quantity demanded of a good?

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Which of the following brings only an increase in the quantity demanded of a good?

Which of the following brings only an increase in the quantity demanded of a good?
A) a decrease in income, assuming the good is an inferior good
B) a rise in the price of a substitute good
C) a fall in the price of the good itself
D) an expectation that the good's price will rise in the future
E) a decrease in income, assuming the good is a normal good

Textbook

Essential Foundations of Economics

Essential Foundations of Economics

Edition: 7^th

Authors: Bade, Parkin

Read 211 times

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Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.

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Dropx

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