When the price of oil is high or low

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Question: 1. When the price of a good increases, the quantity demanded. When the price of a good decreases, the quantity demanded .

2. When will people search harder for substitutes for oil: When the price of oil is high or when the price of oil is low?

3. What are three things that you'll buy less of once you graduate from college and get a good job? What kinds of goods are these called?

Reference no: EM131823274

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