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Compute increase or decrease in the demand curve

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The firm that hired you projects that changes in consumer demographics will cause the Demand curve to change to 9g = 250 - 5P. Does this change represent an increase or decrease in the Demand curve? If the Supply curve remains the same (05 = 5P- 50), graphically draw these two curves, labeling all relevant points on the horizontal and vertical axes.

Reference no: EM133081833

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