Demand for skateboards


Question: Each of the events described below will have some impact on the demand for skateboards. For each event, explain the effect of the event on supply and demand ("movement along" or "shift in").

(a) A drop in the price of skateboards.

(b) A drop in the price of kneepads.

(c) A decline in income

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Macroeconomics: Demand for skateboards
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