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Do you agree or disagree with this view that The laws of supply and demand indicate that higher prices are ineffective in reducing demand. In

Do you agree or disagree with this view that "The laws of supply and demand indicate that higher prices are ineffective in reducing demand. In particular, higher prices will reduce the demand. This reduction in demand will push the equilibrium price back down to its original level. Since the equilibrium price will remain unchanged, consumers will consume level

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