JordanFlores7147 JordanFlores7147
  • 12-03-2024
  • Business
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Suppose a rise of 8 percent in the price of bison meat in Saskatchewan reduces the consumption of bison meat by 24 percent. Such a price rise will induce consumers to spend:
a) More on other meats.
b) Less on other meats.
c) The same amount on other meats.
d) Less on non-food items.

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