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Consider the market demand for hot dogs. Complete the following table by indicating whether an event...

3. Movements along versus shifts of demand curves

Consider the market demand for hot dogs.


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


Event

Movement Along Shift

A decrease in the price of salted pretzels (a substitute for hot doos)

A decrease In the price of hot doos

A decrease in income of consumers

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