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The Economic Way of Thinking 13th Edition by David Prychitko, Peter Boettke, Paul Heyne
Edition 13ISBN: 9780132992695The Economic Way of Thinking 13th Edition by David Prychitko, Peter Boettke, Paul Heyne
Edition 13ISBN: 9780132992695 Exercise 16
A change in expectations can cause a change in demand. Explain how this could lead to a situation in which a price increase was followed by an increase in the amount people wanted to purchase.
Explanation
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he law of demand states that if everythi...
The Economic Way of Thinking 13th Edition by David Prychitko, Peter Boettke, Paul Heyne
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