The prices of the Ralph Lauren Polo line of clothing are considerably higher than comparable quality lines.

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The prices of the Ralph Lauren Polo line of clothing are considerably higher than comparable quality lines.

Yet it sells more than a J.C. Penney brand line of clothing. Does this violate the law of demand?

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Fundamentals Of Economics

ISBN: 9780618992676

4th Edition

Authors: William Boyes , Michael Melvin

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