[Answered] How is consumer demand affected by price?[br][br][b][color=#9E3EA8]Question ...

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Author Question: How is consumer demand affected by price?[br][br][b][color=#9E3EA8]Question ... (Read 24 times)

jjjetplane

Hero Member
Posts: 556

on: Jun 29, 2018

How is consumer demand affected by price?

Question 2

Organizations are constantly looking for people who have developed the skills necessary to deal with the narrow variety of tasks faced by purchasing.
a. True
b. False
Indicate whether the statement is true or false

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14vl19

Sr. Member
Posts: 310

Reply #1 on: Jun 29, 2018

Answer to Question 1

Consumers buy more when prices decrease, and they buy less when prices increase.

Answer to Question 2

FALSE

jjjetplane

Member
Posts: 556

Reply 2 on: Jun 29, 2018

Wow, this really help

nathang24

Member
Posts: 314

Reply 3 on: Yesterday

YES! Correct, THANKS for helping me on my review

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