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Exhibit 4-1 Supply and Demand Data

Question 217

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Exhibit 4-1 Supply and demand data
Exhibit 4-1 Supply and demand data A decrease in consumer income decreases the demand for compact discs. As a result of the change to a new equilibrium, there is a(n) : A) leftward shift of the supply curve. B) rightward shift of the supply curve. C) upward movement along the supply curve. D) downward movement along the supply curve. A decrease in consumer income decreases the demand for compact discs. As a result of the change to a new equilibrium, there is a(n) :


A) leftward shift of the supply curve.
B) rightward shift of the supply curve.
C) upward movement along the supply curve.
D) downward movement along the supply curve.

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