Which of the following would cause a decrease in current, overall demand for a product? Select an Answer O A. a decrease in price of a substitute good O B. an increase in the number of buyers in the market for the good O C. a government subsidy encouraging consumption of the good O D. an expectation that the price of the good will be higher next week

Which of the following would cause a decrease in current, overall demand for a product? Select an Answer O A. a decrease in price of a substitute good O B. an increase in the number of buyers in the market for the good O C. a government subsidy encouraging consumption of the good O D. an expectation that the price of the good will be higher next week

Economics Today and Tomorrow, Student Edition

1st Edition

ISBN:9780078747663

Author:McGraw-Hill

Publisher:McGraw-Hill

Chapter7: Demand And Supply

Section: Chapter Questions

Problem 24AA

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