Over a two-year period, the price of TVs went up 5 percent and the price of all

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Over a two-year period, the price of TVs went up 5 percent and the price of all other goods went up 12 percent. During the same period, more TVs were sold. Does this support or contradict the law of demand?

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Economics Barrons Business Review Series

ISBN: 9781438008776

6th Edition

Authors: Walter J. Wessels

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Question Posted: Feb 17, 2024 01:28 PM

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Over a two-year period, the price of TVs went up 5 percent and the price of all

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Economics Barrons Business Review Series

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