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Which of the following correctly illustrates a change in the demand for a good? Group of answer choices Higher taxes on business firms producing beef
Which of the following correctly illustrates a change in the demand for a good?
Group of answer choices
Higher taxes on business firms producing beef results in many beef producers going out of business.
An increase in the price of gasoline due to higher production costs resulted in a reduction in the amount of gasoline purchased.
An increase in the cost of producing lumber results in higher lumber prices.
An increase in the elderly population in the United States in recent years has increased the demand for medical care.
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