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Business, 07.11.2020 04:30 lala158736

Can someone please help me 1)The price of a latte at Starbucks is raised from S4 to $8. Will that cause an increase or decrease in the quantity demanded? Why?

2) Movie tickets at Edwards Cinema were $11 last week. Today, they lowered the price of a ticket to $5.50. Will that cause an increase or decrease in quantity demanded? Why?

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