Question 5 Not yet answered Points out of 1 Rag question What will happen if a fad increases consumers' desire to consum

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Question 5 Not Yet Answered Points Out Of 1 Rag Question What Will Happen If A Fad Increases Consumers Desire To Consum 1 (16.07 KiB) Viewed 21 times

Question 5 Not yet answered Points out of 1 Rag question What will happen if a fad increases consumers' desire to consume a particular good? Note: more than one answer is correct, and picking wrong answers has a penalty. Pick all and only the correct answers for full credit. Select one or more: Da. Demand for the good will increase. b. Demand for the good will decrease. c. Supply of the good will increase. d. Supply of the good will decrease De. The price of the good will tend to rise. f. The price of the good will tend to fall. Og. The quantity purchased of the good will tend to get larger h. The quantity purchased of the good will tend to get smaller.