menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Economics-Macroeconomics
  4. Exam
    Exam 3: Demand and Supply
  5. Question
    The "Law of Demand" States That, Other Things Remaining the Same
Solved

The "Law of Demand" States That, Other Things Remaining the Same

Question 132

Question 132

Multiple Choice

The "law of demand" states that, other things remaining the same, the quantity demanded of any good is


A) inversely related to its price.
B) directly related to its price.
C) positively related to its price.
D) directly related to the supply of the good.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q127: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -The figure above

Q128: Which of the following increases the equilibrium

Q129: The quantity supplied of a good or

Q130: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -In the figure,

Q131: In the market for magazines, the "income

Q133: What is the difference between a normal

Q134: Personal computers are becoming less expensive as

Q135: A demand curve is also a willingness-and-ability-to-pay

Q136: A relative price is the product of

Q137: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -Consider the demand

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines