a. Does a change in consumers tastes lead to a movement along the demand curve or a

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a. Does a change in consumers’ tastes lead to a movement along the demand curve or a shift in the demand curve?

b. Does a change in price lead to a movement along the demand curve or a shift in the demand curve?

c. Does a change in producers’ technology lead to a movement along the supply curve or a shift in the supply curve?

d. Does a change in price lead to a movement along the supply curve or a shift in the supply curve?

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Economics

ISBN: 9781473768543

5th Edition

Authors: Gregory Mankiw, Mark P. Taylor

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