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If the Prices of Agricultural Products Fall, Then the Quantities

Question 138

Multiple Choice

If the prices of agricultural products fall, then the quantities demanded usually


A) do not increase by much because the price-changes are often small.
B) do not increase by much because there are no close substitutes.
C) increase significantly because the products satisfy basic needs.
D) increase significantly because the products have no close substitutes and are necessities.

Correct Answer:

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