Business, 23.02.2021 05:40 ferguag15stu

"Last October, due to an early frost, the price of a pumpkin increased by 10 percent compared to the price in the previous Halloween season. As a result, the quantity demanded county-wide decreased from 2 million to 1.5 million." Based on this statement, it is certain that the Group of answer choices total revenue from the sale of pumpkins decreased. demand curve for Halloween costumes shifted leftward. demand curve for pumpkins shifted leftward. price elasticity of demand for pumpkins decreased from its value in previous years.

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