If Both Matches and Automobile Prices Increase by 10 Percent

question 190

Multiple Choice

If both matches and automobile prices increase by 10 percent, consumers will likely buy

• A)fewer matches and approximately the same quantity of automobiles.
• B)approximately the same quantity of matches and fewer automobiles.
• C)fewer matches and fewer automobiles.
• D)approximately the same quantity of both matches and automobiles.

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