Multiple Choice
What is stated by the law of demand?
A) as prices decrease, the quantity demanded decreases
B) as prices decrease, the quantity demanded increases
C) as prices increase, the quantity demanded increases
D) as prices increase, the quantity demanded stays the same
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q55: What is stated by the law of
Q56: In which of the following market situations
Q57: According to economists, what is inflation?<br>A) a
Q58: Tim owns and operates his own small
Q59: Under Armor uses a number of different
Q61: During 2019, Luxury Jewellery Inc. had sales
Q62: If the GDP has decreased in the
Q63: Which of the following industries would most
Q64: The price of gasoline increases by $1
Q65: The vast majority of businesses in Canada