Multiple Choice
One reason the demand curve slopes ________ is that as prices fall ________.
A) upward; more people find that the price is now less than their reservation price
B) upward; fewer people find that the price is now less than their reservation price
C) downward; more people find that the price is now less than their reservation price
D) downward; fewer people find that the price is now less than their reservation price
Correct Answer:
Verified
Correct Answer:
Verified
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