Multiple Choice
The law of demand states that _____ during a given period.
A) the lower a product's price, the less of that product consumers will purchase
B) the lower a product's price, the more of that product consumers will purchase
C) higher prices will lead producers to offer fewer of their products for sale
D) higher prices will lead producers to offer more of their products for sale
Correct Answer:
Verified
Correct Answer:
Verified
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