Ask Question
17 March, 20:04

The economic impact of a holiday fad is illustrated by

a. a negative result on the change in demand graph.

b. a flattening of the demand curve.

c. a sharp drop in the marginal product demand ratio.

d. a rapid shift to the right in a market demand curve

+5
Answers (1)
  1. 17 March, 20:45
    0
    The economic impact of a holiday fad is illustrated by a a sharp drop in the flattening of the demand curve - b.

    If we imagine how a demand curve will suddenly sharply rise when there is a holiday fad, we can also imagine how this curve will go back down with a flattening once there is an ending of the holiday fad.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “The economic impact of a holiday fad is illustrated by a. a negative result on the change in demand graph. b. a flattening of the demand ...” in 📘 Social Studies if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers