Answered: Which one of the following will not…

Microeconomics: Private and Public Choice (MindTap Course List)

16th Edition

ISBN:9781305506893

Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson

Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson

Chapter3: Demand, Supply, And The Market Process

Section: Chapter Questions

Problem 12CQ

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Which one of the following will not give rise to an increase in the demand for pumpkins?
A. A decrease in the price of pumpkins.
B. An increase in the income of consumers.
C. An increase in the number of consumers in the market.
D. An increase in the price of butternuts (a substitute).
E. A research finding which indicates that eating pumpkins helps to avoid certain serious
diseases.

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