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Practice Exercise
Practice Exercise
Practice Exercise
1. Demand for gadgets if your income 2. Demand for toothpaste if the price of
increases by 50% toothbrush decreases
FACTOR: FACTOR:
CHANGE: CHANGE:
GRAPH: GRAPH:
3. Demand for candles during summer 4. Demand for gasoline if there's a news
report that the price will increase by
FACTOR: P1.70 at 12 midnight.
CHANGE:
GRAPH: