Multiple Choice
A downward-sloping demand curve reflects
A) the idea that the demand for the good in question is decreasing as time goes by.
B) the idea that there are fewer suppliers of the good as time goes by.
C) the idea that there exists a substitute for the good in question and the price of that substitute is decreasing.
D) the law of demand.
Correct Answer:
Verified
Correct Answer:
Verified
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