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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 9
If gasoline prices continue above $4.00 a gallon, what would tend to happen to the demand for eight-cylinder SUVs? What would that tend to do to the market price of those SUVs?
Explanation
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The cost of driving such vehicles would ...
The Economic Way of Thinking 13th Edition by David Prychitko, Peter Boettke, Paul Heyne
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