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Think of two (less obvious) applications of law of demand. They should NOT be about any purchase/consumption in any formal market. (For example, you CAN'T
Think of two (less obvious) applications of law of demand. They should NOT be about any purchase/consumption in any formal market. (For example, you CAN'T say "Apple price falls from $3 to $2 and quantity rises from 100 to 200".) They should be different from the examples in textbooks or lecture notes. Please specify what is the price and what is the quantity demanded.
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