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Posted on Jul 05, 2024

Steve had an amazing year at work and his bosses thought so much of him that they gave him a 30% increase to his salary.

Steve had an amazing year at work and his bosses thought so much of him that they gave him a 30% increase to his salary. As a result, we would expect what to happen regarding Steve's typical demand curve?

a. Shift to the left

b. Shift to the right

c. Movement along the existing curve to the right

d. Movement along the existing curve to the left

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