of Microeconomics (ECO-101-B-C) ace Content Classlist Groups Grades Activities C

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of Microeconomics (ECO-101-B-C) ace Content Classlist Groups Grades Activities Course Admin Library ters 1 to 3 Time Left:0:39:11 Christy Capps: Attempt 1 Question 4 (4 points) If bagels and doughnuts are substitute goods to consumers, then which of the following is likely to occur if the price of bagels is reduced? The demand curve for bagels will shift to the left. There will be an upward movement along the doughnut demand curve. The demand curve for doughnuts will shift to the right. The demand curve for doughnuts will shift to the left. Both the first and fourth answers are true. Save Question 5 (4 points) The demand for gasoline is currently increasing. Which of the following statements describes a possible cause of the increase in demand for gasoline? MacBook Air

Explanation / Answer

Option D.

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