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As the price of good Y rises from $5 to $8, quantity demanded falls from 100 to 80. Based upon this information, you can conclude
As the price of good Y rises from $5 to $8, quantity demanded falls from 100 to 80. Based upon this information, you can conclude that the demand for Y is
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Macroeconomics
Authors: Glenn Hubbard, Anthony Patrick O'Brien, Matthew P Rafferty
1st Edition
978-0132109994, 0132109999
