Question
Your office uses either pencils or pens every day. You notice that pens have gone on sale, so your office's demand for a. pencils will
Your office uses either pencils or pens every day. You notice that pens have gone on sale, so your office's demand for
| a. | pencils will go down. | |
| b. | pencils will go up if the price of pencils is still cheaper than pens. | |
| c. | pens will increase only if pens are now cheaper than pencils | |
| d. | pens will go up. |
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Macroeconomics A European Perspective
Authors: Olivier Blanchard, Alessia Amighini, Francesco Giavazzi
4th Edition
1292360895, 9781292360898
