A Good Experiences a Shift of the Demand Curve So

question 22

True/False

A good experiences a shift of the demand curve so that it is now flatter than before.Suppose that the market price and quantity demanded does not change.This means that the good has now become inelastic.

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U.S. Consumers

Individuals or households in the United States that purchase goods and services for personal use.

Technological Advances

Progress in technology that enhances the efficiency of processes, products, or services.

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A smart home device manufactured by Nest Labs that allows homeowners to see, hear, and speak to visitors at their door remotely via a smartphone app.