Explain whether each of the following statements describes a change in demand or a change in quantity demanded. Illustrate the appropriate change and specify whether each change represents an increase or a decrease. a. Payless Shoe Source sees a 35 percent increase in sales of its athletic shoes during a 1 week, half-price sale. b. When the price of chicken unexpectedly rises, many consumers choose to purchase corned beef instead. c. Given the existing problems with its airbag system, Honda Motors has experienced a decline in sales of its Accord automobile.

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