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Demand and Quantity Demanded Assignment | Homework For You

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December 11th, 2019

In which of the following statements are the terms “demand” and “quantity demanded” used correctly?

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Homework For You

When the price of ice cream rose, the demand for both ice cream and ice cream toppings fell.

When the price of ice cream rose, the demand for ice cream fell, and the quantity demanded of ice cream toppings fell.

None of these statements uses the terms correctly.

When the price of ice cream rose, the quantity demanded of ice cream fell and the demand for ice cream toppings fell. Get Economics homework help today

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