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Exercise 1 - Exercise 1 1 If other things constant then...

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Exercise 1 1. If other things constant, then according to the law of demand, there is: A. an inverse relation between price and the quantity demanded; B. an inverse relation between price and demand; C. a direct relation between price and the quantity demanded; D. a direct relation between price and demand. 2. According to the law of demand: 3. Which of the following situations best demonstrates the law of demand?
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