Using the News Wire Law of Demand, answer the following questions: (a) According to the News Wire,

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Using the News Wire "Law of Demand," answer the following questions:
(a) According to the News Wire, what would be the response of students to a tax on alcohol that raises the price of alcoholic drinks by $1?
(b) Graph the response of students to higher alcohol prices?
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Essentials of Economics

ISBN: 978-1259235702

10th edition

Authors: Bradley Schiller, Karen Gebhardt

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