Multiple Choice
The ʺlaw of demandʺ states that, other thing remaining the same, the higher
A) the price of a good, the smaller is the quantity demanded.
B) consumersʹ incomes, the greater is the demand.
C) the price of a good, the lower is the demand for this good.
D) the price of a good, the higher is the quantity demanded.
Correct Answer:
Verified
Correct Answer:
Verified
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