Question: True False-- Explain Note: the explanation is required and is important, in particular if the wrong answer is given C It is impossible to tell

 True False-- Explain Note: the explanation is required and is important,

True False-- Explain Note: the explanation is required and is important, in particular if the wrong answer is given C It is impossible to tell how changes in tastes and preferences will affect the demand for a particular good. Therefore, we never consider tastes and preferences as a determinant of demand

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