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The Law of Demand Implies That If Nothing Else Changes

Question 77

Multiple Choice

The law of demand implies that if nothing else changes, there is


A) an exponential relationship between price of a good and the quantity demanded.
B) a linear relationship between price of a good and the quantity demanded.
C) a positive relationship between the price of a good and the quantity demanded.
D) a negative relationship between the price of a good and the quantity demanded.

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