Assume that the demand curve for romance novels has a negative slope. If the price of these novels increases from $4.25 to $5.00. the demand for them will increase the quantity demanded will stay the same the quantity demanded will decrease the quantity demanded will increase Othe demand for them will decrease

Brief Principles of Macroeconomics (MindTap Course List)
8th Edition
ISBN:9781337091985
Author:N. Gregory Mankiw
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Chapter4: The Market Forces Of Supply And Demand
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Question 40
hand written plz
Assume that the demand curve for romance novels has a negative slope. If the price of these novels increases
from $4.25 to $5.00,
the demand for them will increase
the quantity demanded will stay the same
the quantity demanded will decrease
the quantity demanded will increase
the demand for them will decrease
Transcribed Image Text:Question 40 hand written plz Assume that the demand curve for romance novels has a negative slope. If the price of these novels increases from $4.25 to $5.00, the demand for them will increase the quantity demanded will stay the same the quantity demanded will decrease the quantity demanded will increase the demand for them will decrease
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