Question
The law of demand states as price of a good increases (decreases) quantity demanded of that good decreases (increases), other things equal. However, during the
The law of demand states as price of a good increases (decreases) quantity demanded of that good decreases (increases), other things equal. However, during the 1970s as price of blue jeans increased consumers purchased more of them. Doesn't this fact negate the law of demand? Discuss.
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Contemporary Labor Economics
Authors: Campbell R. McConnell, Stanley L. Brue, David Macpherson
11th Edition
1259290602, 1259290603, 978-1259290602
