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Thinking/Inquiry: 3. Suppose a famile income increases. Would its demand for all goods and services rise or would it rise for some goods and services
Thinking/Inquiry: 3. Suppose a famile income increases. Would its demand for all goods and services rise or would it rise for some goods and services but fall for others? Explain how a family's demand could change in opposite ways, using two household goods or services as examples. (Thinking/Inquiry: 5 Marks)
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