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    Exam 20: Consumer Choice
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    If the Price of Coffee Rises Relative to All Other
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If the Price of Coffee Rises Relative to All Other

Question 265

Question 265

Multiple Choice

If the price of coffee rises relative to all other prices, consumers are likely to


A) buy more coffee.
B) buy more tea.
C) buy less coffee and less tea.
D) buy less tea.

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