Asked by jaka
If steak is a normal good and its price rises
Answers
Answered by
SraJMcGin
Thank you for using the Jiskha Homework Help Forum. First of all just what does "ri" mean as the subject? Subject headings could be: English, Math, Economics, etc.
It is a matter of supply and demand. No matter the price increase, if someone wants the steak, they will pay. If the price is too high, they may select something else instead.
It is a matter of supply and demand. No matter the price increase, if someone wants the steak, they will pay. If the price is too high, they may select something else instead.
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