What effect will each of the following have on the demand for small automobiles such as the Mini-Cooper and Fiat 500? A. Small automobiles become more fashionable: IncreaseB. The price of large automobiles rises (with the price of small autos remaining the same) : IncreaseC. Income declines and small autos are an inferior good: IncreaseD. Consumers anticipate that the price of small autos will greatly come down in the near future: decreaseE. The price of gasoline substantially drops: Cannot be determined
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