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According to the Law of Demand, Which of the Following

Question 96

Multiple Choice

According to the law of demand, which of the following is true?


A) If prices decrease, customers will buy more.
B) Customers are not aware of small price changes.
C) The effect on demand from changes in price cannot be accurately predicted.
D) Demand equals supply.
E) If prices increase, customers will buy more.

Correct Answer:

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