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Question: Suppose that high-definition television sets (HDTVs) are normal goods. Would the compensated demand curve for HDTVs be flatter or steeper than the uncompensated demand curve? Explain your answer using a carefully-labeled graph. The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

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  • Category:- Microeconomics
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