In 2000 there were 200000 gas grills demanded at a

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In 2000 there were 200,000 gas grills demanded at a price of $500. In 2001 there were more than 200,000 gas grills demanded at the same price. This increase could be the result any of the following EXCEPT A) an increase in the supply of gas grills. B) an increase in income if gas grills are a normal good. C) a fall in the price of natural gas, a complement for a gas grill. D) an increase in population. Answer: A
A change in the price of a good
A) shifts the good’s demand curve leftward and also decreases the quantity demanded.
B) shifts the good’s demand curve leftward but does not decrease the quantity demanded. C) does not shift the good’s demand curve leftward but does decrease the quantity demanded. D) neither shifts the good’s demand curve leftward nor decreases the quantity demanded. Answer: C A decrease in quantity demanded caused by an increase in price is represented by a
A change in which of the following alters buying plans for cars but does NOT shift the demand curve for cars?
Which of the following would NOT shift the demand curve for turkey? A) An increase in income. B) A decrease in the price of ham. C) A change in tastes for turkey. D) A change in the price of a turkey. Answer: D
When we say demand increases, we mean that there is a
In the figure above, which movement reflects an increase in demand?

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