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PT135.S2.Q22 · Most economists believe that reducing the

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Monday, Feb 10

Stimulus

Most economists believe that reducing the price of any product generally stimulates demand for it. However, most wine merchants have found that reducing the price of domestic wines to make them more c...

Question

Which one of the following, if true, most helps to reconcile the belief of most economists with the consequences observed by most wine merchants?...
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