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Author Question: If people expect the price of packaged coffee to rise next week, coffee demand will: a. decrease ... (Read 94 times)

cool

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on: Jun 30, 2018
If people expect the price of packaged coffee to rise next week, coffee demand will:
 a. decrease now.
  b. increase now.
  c. stay the same now and increase next week.
  d. stay the same now and decrease next week.
  e. stay the same now and next week.

Question 2

Which of the following will not cause a change in demand for crackers?
 a. A change in consumers' income.
  b. A change in the price of crackers.
  c. A change in the price of cheese.
  d. A change in the number of cracker-eaters.
  e. A change in consumers' tastes for crackers.


tashiedavis420

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Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

b


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