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March 29, 2015

Homework Help: managerial economics

Posted by Mishal Almandhour on Thursday, July 1, 2010 at 3:20pm.

Explain how the following events might affect the market demand curve for prime filet mignon
a. A fall in price of filet mignon because of decline in cattle prices
b. A general rise in consumer's income
c. A rise in the price of lobster
d. Increased health concerns about cholesterol.

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