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Many new restaurants have opened in collegetown in recent years. given this change in supply, what type of demand would result from a large drop in prices for restaurant meals?
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Many new restaurants have opened in collegetown in recent years. given this change in supply, what type of demand would result from a large drop in prices for restaurant meals?

User Benjamin Scharbau
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1 Answer

4 votes
The answer is Inelastic Demand. Hope this helps!!!
Have a great day!!

User Canoas
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