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    Microeconomics Study Set 9
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    Exam 4: Supply and Demand: Elasticity and Applications
  5. Question
    Sales of the Common Necessities of Life Tend to Decrease
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Sales of the Common Necessities of Life Tend to Decrease

Question 51

Question 51

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Sales of the common necessities of life tend to decrease sharply when there is an increase in their price.

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