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Microeconomics Review questions #1

Question:

An increase in the quantity demanded means that?

Answer:

price has declined and consumers therefore want to purchase more of the product.
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Last update by Roger on 02/03/2013
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Microeconomics Review questions  1
Microeconomics Review questions #1
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Question: An increase in the quantity demanded means that?
Answer: price has declined and consumers therefore want to purchase more of the product.