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When an economist says that the demand for a product has increased, this means that Group of answer choices the product has become particularly scarce

When an economist says that the demand for a product has increased, this means that

Group of answer choices

the product has become particularly scarce for some reason.

product price has fallen and, as a consequence, consumers are buying a larger quantity of the product.

consumers are now willing to purchase more of this product at each possible price.

the demand curve has shifted to the left.

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