Unformatted text preview: if they had one at all. x Q.: Why do families have so many more TV sets today? x A. # 1: They’re cheaper. If price of TV sets rises, then, ceteris paribus, the quantity of TV sets demanded will fall, and vice versa. Page 34...
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This note was uploaded on 12/29/2011 for the course ECO 311 taught by Professor Willis during the Fall '10 term at SUNY Stony Brook.
- Fall '10