The Law of Demand States That _____

Multiple Choice

The law of demand states that _____

A) price and quantity demanded are positively related, other things constant.
B) price is the only factor that influences the quantity that people are willing and able to buy.
C) quantity demanded varies inversely with price, other things constant.
D) the demand curve shifts whenever the price of a good changes, other things constant.
E) firms create a demand for a product by producing it.