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.
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