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In Which Statement(s) Is "Demand" Used Correctly? (I) "An Increase

Question 19

Multiple Choice

In which statement(s) is "demand" used correctly? (I) "An increase in the price of hot dogs will reduce the demand for hot dogs."
(II) "An increase in the price of hot dogs will reduce the demand for hot dog buns."


A) in both statements I and II
B) in statement I only
C) in statement II only
D) in neither statements I nor II

Correct Answer:

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