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Suppose that the price of candy bars increases by 100 percent. As a result of this, you decide to purchase 50 percent fewer candy bars.
Suppose that the price of candy bars increases by 100 percent. As a
result of this, you decide to purchase 50 percent fewer candy bars.
How would you describe your demand for candy bars?
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Economics Today The Macro View
Authors: Roger LeRoy Miller
19th Edition
0134478762, 978-0134478760
