Multiple Choice
Which of the following statements is not true?
A) The higher the price, the lower the demand for a product.
B) At lower prices, customers will demand a higher quantity than they will at a higher price.
C) The lower the price, the fewer units of product a company is willing to supply.
D) The price paid for a product should not reflect its value.
Correct Answer:
Verified
Correct Answer:
Verified
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