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Which choice below is a reason why a demand curve is downward sloping? a.) As price increases, producers will supply more of a good. b.)
Which choice below is a reason why a demand curve is downward sloping?
- a.)
- As price increases, producers will supply more of a good.
- b.)
- As price increases, consumers will purchase less of a product.
- c.)
- For certain goods, demand increases as the price increases.
- d.)
- Changes in income can cause the demand curve to shift.
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