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27 March, 05:04

What happens to the individual demand curve as the price of an item increases?

a. An individual demand for an item will increase causing an upward slope.

b. An individual demand for an item will decrease causing a downward slope.

c. An individual demand will increase, causing the price to increase further.

d. An individual demand curve will remain unchanged and price is never a factor.

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Answers (1)
  1. 27 March, 08:00
    0
    I believe that the answer is C, but do not take my word for it.
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