An increase in demand occurs when

A. we move up the demand curve.
B. the demand curve shifts to the left.
C. we measure price in money price rather than real price.
D. the demand curve shifts to the right.


Answer: D

Economics

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Recall the Application about how a simultaneous increase in the gasoline tax and decrease in the income tax affect gasoline consumption to answer the following question(s).Recall the Application. Suppose a tax on carbon that increases the price of gasoline is combined with a cut in income taxes to ensure that total tax revenue collected by the government does not change. This tax policy has no ________ but has ________.

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In the short run, the monopolistic competitor is just like the perfect competitor in that

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Economics