Social Studies, 23.06.2020 00:57 ComicSans10
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A celebrity says on TV that shoes are not cool anymore and people should go barefoot. People stop buying as many shoes as before. The demand for shoes decreased. What will happen to the price of shoes?
EXAMPLE;
The supply of shoes just increased. Stores have more shoes to sell than ever before. What will happen to the price of shoes?
The price of shoes will go down, or decrease.
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About 300 billion dollars in taxes is lost in the united states alone due to an underground economy, which involves paying individuals cash rather than having them on the official payroll. a. true b. false
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