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foodstuffs and other raw materials produced by the primary sector.
when prices of a wide range of goods and services decrease continuously over an extended period...
when the percentage change in the demand for one good is due to a percentage change in the price...
the price a consumer pays for the goods and services in rands and cents.
the difference between the revenue received from the sale of output and the opportunity cost of...
measures how consumers respond to a change in the price.