3. The Market Forces of Supply and Demand
Shifts in the Demand Curve
3. The Market Forces of Supply and Demand
Shifts in the Demand Curve
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- Multiple Choice
What happens in the market for blenders if consumers decide that juicing their vegetables is better than blending their vegetables?
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What happens in the market for beef jerky if customers expect a price increase in the future?
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If cheese in a can is an inferior good, what happens to its market when consumer income increases?
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