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Shift demand in the indicated market

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Indicate how you think each of the following would shift demand in the indicated market. Explain your answer.

1. Incomes of buyers in the market for Sharm El Sheikh vacations decrease.

2. Buyers in the market for pizza read a study linking hamburger consumption to heart disease.

3. Buyers in the market for CDs learn of a decrease in the price of audiocassettes (a substitute for CDs).

Reference no: EM132502805

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