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In 2006,Bob's Burgers Charged $3

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In 2006,Bob's Burgers charged $3.50 for a quarter-pound hamburger with all the fixin's,and sold 7,500 of them.In 2007,although Bob raised the price to $3.75,sales of his burgers rose to 8,200.Use the concepts of a shift in the demand curve versus a movement along the demand curve to explain why this increase in sales does not represent a violation of the law of demand.

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Most likely,the assumption of other thin...

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