According to basic economics as the price of a product decreases, the demand for...
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According to basic economics as the price of a product decreases, the demand for it will increase.Listed below is the number of units demanded (Y variable, in thousands) and the price (X variable, in $):
| Price (in $) | Demand (in thousands of units) |
|---|---|
| 3 | 18 |
| 3 | 16 |
| 9 | 14 |
| 10 | 15 |
| 7 | 10 |
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