Multiple Choice
The "law of demand" implies that demand curves
A) slope up.
B) shift rightward whenever the price rises.
C) slope down.
D) shift leftward whenever the price rises.
Correct Answer:

Verified
Correct Answer:
Verified
Q100: When the price of a good is<br>A)above
Q101: If both the demand and supply increase,
Q102: In a market, at the equilibrium price,<br>A)buyers
Q103: A relative price is<br>A)the number of dollars
Q104: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4951/.jpg" alt=" -Consider the demand
Q106: Leather belts and leather shoes are substitutes
Q107: If a market is NOT in equilibrium,
Q108: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4951/.jpg" alt=" -In the above
Q109: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4951/.jpg" alt=" -In the above
Q110: Apples are a normal good, so if