ljorson1213 ljorson1213
  • 17-10-2017
  • Business
contestada

All else being held constant, an increase in the price of a good would necessarily:

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Kalahira
Kalahira Kalahira
  • 26-10-2017
Reduce the purchase of that good It is a basic corollary of the law of supply and demand that increases in price reduce purchase.
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