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    Macroeconomics
  4. Exam
    Exam 2: Making Smart Choices: the Law of Demand
  5. Question
    As the Price of a Product or Service Rises, Smart
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As the Price of a Product or Service Rises, Smart

Question 106

Question 106

True/False

As the price of a product or service rises, smart consumers switch to cheaper substitutes and quantity demanded decreases.

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