Multiple Choice
The law of demand refers to how
A) the price of the good changes when people's demand for the good changes.
B) demand changes when people's incomes change.
C) the quantity demanded changes when the demand for the good changes.
D) the quantity demanded changes when the price of the good changes.
E) demand changes when the prices of substitutes and complements change.
Correct Answer:
Verified
Correct Answer:
Verified
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