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When the price of an item decreases, the quantity demanded increases. When the price of an item increases, the quantity demanded decreases. True or False.
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When the price of an item decreases, the quantity demanded increases. When the price of an item increases, the quantity demanded decreases. True or False.

User Artkoshelev
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True, people are more likely to buy something when it's at a lower price than something at a higher price. Whatever is most affordable usually.
User MineConsulting SRL
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1 vote
True. Hope this helps! (:
User JoeFish
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