If the price of iPhones has increased over the past year and people are buying more iPhones,

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If the price of iPhones has increased over the past year and people are buying more iPhones, is this an exception to the law of demand, or has there been a change in demand or supply that could account for this?

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Survey Of Economics

ISBN: 9780357720806

11th Edition

Authors: Irvin B. Tucker

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Question Posted: Dec 29, 2023 07:46 AM

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If the price of iPhones has increased over the past year and people are buying more iPhones,

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Demand has increased A ...View the full answer

Survey Of Economics

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