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A shift in the demand for a product is likely to result from a change in:

A. The products price

B. Expectations

C. The prices of factors of production used to produced it

D. Production technology

Please do not use chat terms. Example: avoid using "grt" instead of "great".

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  1. Quantity demanded or supplied is measured in:
  2. External economies are witnessed in:
  3. The difference between laws of return and laws of return to scale is:
  4. Marginal revenue from a given output:
  5. The cobweb model will convergent when the slope of:
  6. The reaction curve of a firm is attained by joining the:
  7. Of the following, which one corresponds to fixed cost?
  8. One common definition of a luxury good is a good with income elasticity:
  9. Because the price elasticity of demand for OPEC oil is approximately .08, in order to increase revenues…
  10. Nash equilibrium says:
  11. Change in quantity demanded refers to:
  12. An inferior commodity is one whose quantity demand decreases when income of the consumer:
  13. We get constant returns to scale when:
  14. Income -elasticity of demand will be zero when a given change in income brings about:
  15. The Latin term citeris paribus means:
  16. If the increase in demand is more than the increase in supply, the price will:
  17. The cost that a firm incurs in purchasing or hiring any factor of production is referred to as:
  18. Which of the following is not a feature of isoproduct curves?
  19. Monopoly means:
  20. The number of firms in monopolistic competition normally range between:
  21. By increasing the price of its products above those of its competitors, a perfectly competitive seller:
  22. If the price of coffee increases, you would predict that:
  23. The largest possible loss that a firm will make in the short run is:
  24. Average cost means:
  25. When total revenue (TR) falls in monopoly then elasticity of demand is:
  26. In non-collusive oligopoly firms enter into:
  27. The real income of a consumer is income in terms of:
  28. The equilibrium of a firm is determined by the equality of MC and MR in only:
  29. In the long run average costs curve, a firm can change:
  30. Moving along the indifference curve leaves the consumer: