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helveticaman
on July 6, 2008
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Wine Economics: They Always Buy the Ten Cent Wine...
I wouldn't go as far as saying the demand function has a negative slope during most of its domain, but it may have small segments with a negative slope.
But I totally agree with you, the evidence here shows that the wine market is ridiculous.
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But I totally agree with you, the evidence here shows that the wine market is ridiculous.