True or False: A sharp rise in the price of eggs would be unlikely to last very

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True or False: A sharp rise in the price of eggs would be unlikely to last very long; after all, the rise in price would lead to a fall in demand, which would cause the price to fall.

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Price Theory and Applications

ISBN: 978-1285423524

9th edition

Authors: Steven Landsburg

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Question Posted: Oct 25, 2016 10:46 AM

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True or False: A sharp rise in the price of eggs would be unlikely to last very

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False A rise in price leads to a fall in quant...View the full answer

Price Theory and Applications

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