In the market for jeans, which of the following events increases the demand for a pair of
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In the market for jeans, which of the following events increases the demand for a pair of jeans?
A. rise in the wage rate paid to garment workers B. rise in the price of a denim skirt (a substitute for jeans)
C. fall in the price of denim cloth D. new technology, which reduces the time it takes to make a pair of jeans
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Related Book For
Essential Foundations Of Economics
ISBN: 9780316512329
6th Edition
Authors: Robin Bade, Michael Parkin
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