A change in the expectations of consumers about prices

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Complete the following table by indicating whether an event will cause a movement along the demand curve for cereal or a shift of the demand curve for cereal, holding all else constant.

A decrease in the price of cereal (Movement Along or Shift ?)

A change in the expectations of consumers about prices (Movement Along or Shift ?)

A change in tastes of consumers that makes them desire more cereal (Movement Along or Shift ?)

Reference no: EM13852626

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