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    Economics Today Study Set 1
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    Exam 3: Demand and Supply
  5. Question
    When the Price of TVs Goes Up and Fewer TVs
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When the Price of TVs Goes Up and Fewer TVs

Question 209

Question 209

Multiple Choice

When the price of TVs goes up and fewer TVs are purchased, this is representative of the


A) law of demand.
B) law of supply.
C) law of market operations.
D) law of increasing costs.

Correct Answer:

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