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Suppose When the Price of Laptops Falls, College Students Buy

Question 432

Multiple Choice

Suppose when the price of laptops falls, college students buy more laptops. This implies that


A) there is a positive relationship between laptop prices and quantities purchased by college students.
B) there is a negative relationship between laptop prices and quantities purchased by college students.
C) there is a direct relationship between laptop prices and quantities purchased by college students.
D) there is a one-to-one relationship between laptop prices and quantities purchased by college students.

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