2. Indicate how you think each of the following would shift demand in the indicated market. (LO1)...

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2. Indicate how you think each of the following would shift demand in the indicated market. (LO1)

a. The incomes of buyers in the market for Adirondack vacations increase.

b. Buyers in the market for pizza read a study linking pepperoni consumption to heart disease.

c. Buyers in the market for gas-powered cars learn of an increase in the price of electric cars (a substitute for gas-powered cars).

d. Buyers in the market for electric cars learn of an increase in the price of electric cars.

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Principles Of Microeconomics

ISBN: 9781264250387,9781264250448

8th Edition

Authors: Robert H. Frank , Ben Bernanke , Kate Antonovics , Ori Heffetz

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Question Posted: Nov 08, 2024 09:00 AM

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2. Indicate how you think each of the following would shift demand in the indicated market. (LO1)...

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Principles Of Microeconomics

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