If income of the consumer would increase, how will it affect the demand curve for a product? a. Entire demand curve will shift to the left b. Entire demand curve will shift to the right c. Demand curve will remain constant d. The demand curve will move sloping downward Which of the following would decrease the price of rice? a. A decrease in the prices of pesticides b. An increase in the demand of rice c. An increase in the price of rice d. An increase in the price of corn
If income of the consumer would increase, how will it affect the demand curve for a product? a. Entire demand curve will shift to the left b. Entire demand curve will shift to the right c. Demand curve will remain constant d. The demand curve will move sloping downward Which of the following would decrease the price of rice? a. A decrease in the prices of pesticides b. An increase in the demand of rice c. An increase in the price of rice d. An increase in the price of corn
Chapter4: Supply And Demand: An Initial Look
Section: Chapter Questions
Problem 5TY
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If income of the consumer would increase, how will it affect the
a. Entire demand curve will shift to the left
b. Entire demand curve will shift to the right
c. Demand curve will remain constant
d. The demand curve will move sloping downward
Which of the following would decrease the price of rice?
a. A decrease in the prices of pesticides
b. An increase in the demand of rice
c. An increase in the price of rice
d. An increase in the price of corn
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