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Prices can act as a signal for consumers when they rise, this signals that they should buy more goods. is this true?
The statement is true, but this is dependent on the kind of product that is affected. An increase in prices may signal that the product is scarce; therefore, buying more goods will be an advantage to the consumer. [ ........... ]
Expert answered|sujaysen|Points 5136|
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Asked 324 days ago|10/9/2013 11:18:35 AM
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