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The demand curve is downward sloping because: O a. Lower prices increase the prestige we hold for a product. O b. At lower prices people

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The demand curve is downward sloping because: O a. Lower prices increase the prestige we hold for a product. O b. At lower prices people have less real income and are also more likely to buy a comparable (substitute) product. O c. Increases in supply cause the demand to increase. O d. At lower prices, people have more real income for the product and are also less likely to buy a comparable (substitute) product

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