=+13. Demand twisters: Sketch and explain the demand relationship in each of the following statements. a. [would

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=+13. Demand twisters: Sketch and explain the demand relationship in each of the following statements.

a. [would never buy a Taylor Swift album! You couldn’t even give me one for nothing.

b. Igenerally buy a bit more coffee as the price falls. But once the price falls to $2 per pound, ’ll buy out the entire stock of the supermarket.

c. I spend more on orange juice even as the price rises. (Does this mean that I

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Economics

ISBN: 9781319066604

5th Edition

Authors: Robin Krugman, Paul Wells

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