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2.5.2 Consequences of price changes

Topic 2.5.2 - Consequences of price changes "In this world, you get what you pay for.”- Kurt Vonnegut (1922 - 2007), American author This section of the Cambridge IGCSE Economics (0455) syllabus requires students to understand the consequences of price changes, i.e., the effect of price changes on sales. Students are also expected to use demand and supply diagrams to illustrate the impact of changes in market...

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