All of the following cause a shift in the demand curve EXCEPT a change in the
A) price of related goods.
B) price of the good or service.
C) consumer income.
D) number of consumers.
B
Economics
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Which of the following possibly determines the allocation of goods and services in a free market?
a. The availability of raw materials b. The cost of production c. The level of government intervention d. The ability of the producers to produce a differentiated product e. The willingness and ability of consumers to pay for the product
Economics
Drawing the supply curve and the demand curve on the same graph helps show how price is determined
a. True b. False Indicate whether the statement is true or false
Economics