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II.. The law of demand is one of the most fundamental concepts in economics. It works with the law of supply to explain how market

II.. The law of demand is one of the most fundamental concepts in economics. It works with the law of supply to explain how market economies allocate resources and determine the prices of goods and services that we observe in everyday transactions, According to demand and supply laws answer the following 4. Under what condition we can consider soap as an inferior good, Support your answer with a numerical example and graphically

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