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Business, 08.07.2019 19:30 lilakatedancer

When an economist says that the demand for a product has increased, this means that: consumers are now willing to purchase more of this product at each possible price. the product has become particularly scarce for some reason. product price has fallen and as a consequence consumers are buying a larger quantity of the product. the demand curve has shifted to the left.

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When an economist says that the demand for a product has increased, this means that: consumers are...
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