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No new substitutes for the commodity
If some new substitutes for a commodity appear in the market, its demand normally declines. This is quite natural, since with the availability of new substitutes some buyers would be attracted towards new products and the demand for the older product will fall albeit price remains unchanged. Therefore, the law of demand operates only when market for a commodity isn't threatened by new substitutes.
Ozark Bottled Water Products Inc
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Write about International economic integration of the Republic of Moldova
if Q=120-2p is the equation for demand curve, find the compounding total, marginal and average revenue function
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