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Which of the Following Statements Best Describes the Law of Demand

Question 101

Multiple Choice

Which of the following statements best describes the law of demand?


A) As the price goes up, I like the product better.
B) As the price goes down, I like the product better.
C) When I want a product, price makes no difference to me.
D) Well over 90 percent of all shoppers pay no attention to price.

Correct Answer:

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