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7 February, 09:50

Describe how price affects decisions that consumers make

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  1. 7 February, 10:19
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    The tendency is easily explained. As price goes up, the quantity that consumers demand goes down. This is a common correlation between the price of goods and the willingness of the customers to buy products. All businesses today have to build demand in order to know how much do the customers want in order for them to increase their purchase ability.
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