As more people migrated west during the gold rush, what happened to the demand curve in most western markets for food and housing, holding all else constant? O a) There was no shift, but there was an increase in quantity demanded. O b) The demand curve shifted to the right. There was no shift, and there was no increase or decrease in quantity demanded. d) The demand curve shifted to the left. e) There was no shift, but there was a decrease in quantity demanded.

As more people migrated west during the gold rush, what happened to the demand curve in most western markets for food and housing, holding all else constant? O a) There was no shift, but there was an increase in quantity demanded. O b) The demand curve shifted to the right. There was no shift, and there was no increase or decrease in quantity demanded. d) The demand curve shifted to the left. e) There was no shift, but there was a decrease in quantity demanded.

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter6: Consumer Choices

Section: Chapter Questions

Problem 17P: If a 10 decrease in the price of one product that you buy causes an 8 increase in quantity demanded...

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