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Can be the result of multiple market variables including supply, demand, price, income, and substitution. which is a situation where consumption of a good or
Can be the result of multiple market variables including supply, demand, price, income, and substitution. which is a situation where consumption of a good or service may increasein response to a price increase or decreaseAre lowpriced products, the demand for which rises along with the price. These products are necessary to fulfill theneed for food, and they have only a few substitutes.
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