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Business, 11.02.2020 04:27 thegent1859

To draw the demand curve, the commuter’s income must be held constant. If the commuter receives a raise at work, which of the following statements are true? Select all correct statements.

A. The ceteris paribus assumption is violated.
B. The demand curve may shift to a different place.
C. The quantity of gasoline consumed at each price may change.
D. The demand curve will become upward sloping.

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To draw the demand curve, the commuter’s income must be held constant. If the commuter receives a ra...
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