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Nadya [2.5K]
3 years ago
12

What is a rule, a property, and an outcome in economics

History
1 answer:
san4es73 [151]3 years ago
7 0

Answer:

rule: Offer and Demand. Property: One is inversely proportional to the other. Outcome: If demand is high, prices for a certain good will rise. This effect will result in the consequence of demand going down due to the fact that a group of individuals doesn't perceive value in purchasing the good at the risen price.

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