Multiple Choice
In which statement is the term "demand" used correctly? (1) A decrease in the price of airline tickets led to an increase in quantity demanded for airline tickets.(2) A decrease in the price of airline tickets led to an increase in the demand for airline tickets.
A) neither statement
B) the first statement only
C) the second statement only
D) both statements
E) more information is needed
Correct Answer:

Verified
Correct Answer:
Verified
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