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The "Law of Demand" Hypothesizes That,other Things Being Equal

Question 107

Multiple Choice

The "law of demand" hypothesizes that,other things being equal,


A) the lower the price,the greater the demand.
B) price and demand vary inversely.
C) the higher the price,the lower the quantity demanded.
D) the higher the income,the higher the quantity demanded.
E) price and quantity demanded are positively related.

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