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An increase in the price of an item * A.will cause consumers to buy more of that item B.will cause consumers to buy less of that item C.will cause consumers to supply more of that item
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An increase in the price of an item *

A.will cause consumers to buy more of that item
B.will cause consumers to buy less of that item
C.will cause consumers to supply more of that item

User Remko Duursma
by
7.6k points

2 Answers

11 votes
Option b
It will cause consumers to buy less of that item.

This is because when there is an inflation in price of a good, the consumer’s income can no longer afford to buy this item.
User Michal Gasek
by
6.8k points
9 votes

Answer:

B most likely

Step-by-step explanation:

User Juan Angel
by
7.8k points
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