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Suppose That Books Are Measured on the Horizontal Axis and CD's

Question 65

Multiple Choice

Suppose that books are measured on the horizontal axis and CD's are measured on the vertical axis.As long as the law of demand holds for books,than an increase in the price of books will generate a price-consumption path that traces a path


A) To the left
B) To the right
C) Upward
D) Downward

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