True/False
The law of demand says that if price rises, quantity demanded will fall.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q4: Reasons for supply curves being positively sloped
Q5: Which of the following is held constant
Q6: The quantity demanded of Pepsi<sup>TM</sup><sup> </sup>has decreased.
Q7: The demand schedule for an individual shows
Q8: If house prices rise faster than other
Q10: Which of the following are determinants of
Q11: Which of the following is the most
Q12: The substitution effect refers to the effect
Q13: Which of the following is not a
Q14: The term 'goods in joint supply' refers