Which of the following events would cause a movement upward and to the left along the demand curve for olives? The price of olives rises. The number of potential buyers in the market for olives decreases. Consumer income decreases, and olives are a normal good. The price of pickles decreases, and pickles are a substitute for olives.
Which of the following events would cause a movement upward and to the left along the demand curve for olives? The price of olives rises. The number of potential buyers in the market for olives decreases. Consumer income decreases, and olives are a normal good. The price of pickles decreases, and pickles are a substitute for olives.
Chapter3: Market Demand And Supply
Section: Chapter Questions
Problem 11SQ
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Which of the following events would cause a movement upward and to the left along the
The price of olives rises.
The number of potential buyers in the market for olives decreases.
Consumer income decreases, and olives are a normal good.
The price of pickles decreases, and pickles are a substitute for olives.
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