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Clothes that is passed on to the market in the form of lower

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Reference no: EM13321587

Which of the following events would cause a movement along the demand curve for U.S. produced clothing, and which would cause a shift in the demand curve?

a. the removal of quotas on the importation of foreign clothes

b. an increase in the income of U.S. citizens

c. a cut in the industry"s costs of producing domestic clothes that is passed on to the market in the form of lower prices

Reference no: EM13321587

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