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2 votes
Assuming that demand remains unchanged, how would consumers react to an increase in the market price of a product?

A-Consumers would cease to buy the product.
B-Consumers would buy less of the product.
C-Consumers would buy more of the product.
D-Consumer purchases would be unaffected.

User Dcoles
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2 Answers

4 votes

Answer:

B

Step-by-step explanation:

User Ferdz
by
8.5k points
5 votes
B. consumers would buy less of the product.
User Per Henrik Lausten
by
8.0k points
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