Question: You explain to your friend haslina who runs a catering
You explain to your friend haslina, who runs a catering service called meals in a zip about an economic theory that asserts that consumers will purchase less of a product at higher price than they will at lower price. She contends that the theory is incorrect because over the past two years she has raised the price of her catered meals and yet has seen a brisk increase in sales. How would you respond to her?
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