True or False: If we observe that fewer cars are being purchased this year than last year,

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True or False: If we observe that fewer cars are being purchased this year than last year, then we should expect the price of cars to fall.

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Price theory and applications

ISBN: 978-0538746458

8th edition

Authors: Steven E landsburg

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Question Posted: Jan 24, 2013 07:13 AM

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True or False: If we observe that fewer cars are being purchased this year than last year,

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False Increase in the purchases does not decrease the prices of cars at all I...View the full answer

Price theory and applications

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