Which of the following conditions may have caused the shift in demand from D1 to D2? Choose TWO correct answers.
1-The price of a substitute good increased
2-Consumer income decreased
3-The number of consumers in the market increased
4-Consumers expect the price to decrease in the near future
5-There is an increase in government regulations on the product.
Answers: 2
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Which of the following conditions may have caused the shift in demand from D1 to D2? Choose TWO corr...
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