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01-11-2020
Business

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Price causes changes in demand the curve. Other factors in the change in demand cause
a — of the curve to the left or the right

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01-11-2020

I have to clarify price is a movement along the demand curve- not a shift. A shift in the demand curve is from an outside factor such as an exogenous increase or decrease in income. A change in price will only move equilibrium up or down the existing curve

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