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Homework answers / question archive / If the demand for a normal good (for example, steak) shifts to the left, the most likely reason is that A

If the demand for a normal good (for example, steak) shifts to the left, the most likely reason is that A

Economics

If the demand for a normal good (for example, steak) shifts to the left, the most likely reason is that

A. the price of steak has risen.

B. consumer incomes have fallen.

C. cattle production has declined.

D. the price of cattle feed has gone up.

Option 1

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