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Masja [62]
2 years ago
10

At high price levels, demand tends to be ________ and the price effect is ________, relative to the output effect.

Business
1 answer:
rosijanka [135]2 years ago
3 0
At high price levels, demand tends to be elastic and the price effect is small relative to the output effect.
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The answer is: supply curve shifts to the left.

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