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The Law of Demand Implies That, Other Things Remaining the Same

Question 130

Multiple Choice

The law of demand implies that, other things remaining the same,


A) as the price of a cheeseburger rises, the quantity of cheeseburgers demanded decreases.
B) as the demand for cheeseburgers increases, the price of a cheeseburger falls.
C) as more people demand cheeseburgers, the quantity demanded increases.
D) as the price of a cheeseburger rises, the quantity of cheeseburgers demanded increases.
E) as income increases, the quantity of cheeseburgers demanded increases.

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