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Author Question: State the law of demand and illustrate it. Explain what is meant by the term price in the law of ... (Read 204 times)

Capo

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on: Jun 29, 2018
State the law of demand and illustrate it. Explain what is meant by the term price in the law of demand.
 
  What will be an ideal response?

Question 2

An increase in demand and a decrease in supply will lead to an
 
  A) unambiguous increases in both price and quantity.
  B) unambiguous decreases in both price and quantity.
  C) an unambiguous increase in quantity, but the effect on price is indeterminate.
  D) an unambiguous increase in price, but the effect on quantity is indeterminate.
Macroeconomics ¦ Acemoglu, Laibson, List ¦ 3rd Edition
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momolu

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Reply #1 on: Jun 29, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Capo

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Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

covalentbond

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Reply 3 on: Yesterday
:D TYSM

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