Multiple Choice
The "law of demand" predicts that, other things being equal,
A) a decrease in the price of gasoline decreases the quantity of gasoline demanded.
B) an increase in the price of pizza decreases the quantity of pizza demanded.
C) an increase in the price of CDs decreases the demand for CDs.
D) an increase in the price of coffee decreases the quantity of tea demanded.
Correct Answer:
Verified
Correct Answer:
Verified
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