Question: 3. If nothing else changes, what happens to the price and quantity if there is an increase in supply (the supply curve shifts to the

3. If nothing else changes, what happens to the

3. If nothing else changes, what happens to the price and quantity if there is an increase in supply (the supply curve shifts to the right)? 4. Explain the difference between movement along the demand curve and changes in demand. Make sure to give examples of what can cause movement and what can cause changes in demand. 5. Based on the reading material about a normal good and an inferior good, explain how a change in income can affect the demand for those goods

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