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Suppose Lee likes chicken curry a little bit more than fish and chips.Lee eats chicken curry twice as often as fish and chips.Now suppose the price of chicken rises.How would Lee's demand for fish and chips change, assuming everything else was constant?
India
A country in South Asia, known for its vast diversity in cultures, languages, and religions, and as the world's largest democracy.
Increasing
Refers to a situation where there is a rise in the quantity or quality of a particular economic variable or indicators.
Wealth Holders
Individuals or entities that possess assets of significant value, such as stocks, bonds, real estate, and cash.
Percentage Points
A unit for the arithmetic difference between two percentages, useful in indicating changes in rates, such as interest rates or rates of return.
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