The demand curve for a normal good shifts leftward if incomeor the expected future price,O a. decreases; fallsO b. decreases; risesO c. increases; fallsO d. increases; risesClear my choiceWhich of the following does NOT shift the supply curve?Select one:O a.a technological advanceO b. an increase in the price of the gooda decrease in the wages of labor used in production of the goodO d. movement along supply curveClear my choice

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The demand curve for a normal good shifts leftward if income or the expected future price O a. decreases; falls O b. decreases; rises O c. increases; falls O d. increases; rises Clear my choice

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

The demand curve for a normal good shifts leftward if income
or the expected future price,
O a. decreases; falls
O b. decreases; rises
O c. increases; falls
O d. increases; rises
Clear my choice
Which of the following does NOT shift the supply curve?
Select one:
O a.
a technological advance
O b. an increase in the price of the good
a decrease in the wages of labor used in production of the good
O d. movement along supply curve
Clear my choice

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