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14 July, 10:11

A town recently experienced a population decrease. In 2 or 3 sentences, explain the effect of this population decrease on the demand for clothes and tell how this situation might affect the demand curve.

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  1. 14 July, 12:33
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    As the population decreases, quantity demanded for clothes will also decrease. The demand curve will shift downwards in which the price will also decrease.
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