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b. During the last couple of months, the prices of food products in the U.S. have been rising. At the same time, the quantities of
b. During the last couple of months, the prices of food products in the U.S. have been rising. At the same time, the quantities of food products consumed in the U.S. have been increasing. An online news analysis said, \"the higher price of food combined with the increased quantity of food purchased shows that the so-called Law of Demand does not apply to necessary products such as food.\" Does this statement about the Law of Demand make Good Economic Sense
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