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dlinn [17]
3 years ago
11

How would you expect an increase in the price of a good to affect its demand curve?

Business
1 answer:
ValentinkaMS [17]3 years ago
4 0

Answer: It will cause the demand curve to move inwards to the left

Explanation:

An increase in the price of a good will cause a decrease in the quantity demanded. This is in line with the law of demand that states that the higher the price the lower the quantity of goods that will be demanded.

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