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Title: Suppose that the demand curve for apples is downward sloping and the price per pound decreases from ... Post by: dskmvld on Mar 4, 2019 Question 1. The fact that when the price of a good goes down, people buy more of it is called• ceteris paribus. • the law of demand. • the law of supply. • market equilibrium. Question 2. Suppose that the demand curve for apples is downward sloping and the price per pound decreases from $1.25 to $1.00. We would then expect• the quantity of apples demanded to fall. • the demand for apples to decrease. • the quantity of apples demanded to increase. • the demand curve to shift toward the origin. Title: Suppose that the demand curve for apples is downward sloping and the price per pound decreases from ... Post by: Jennyyy on Mar 4, 2019 Content hidden
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