Multiple Choice
One reason for the ________ slope of the demand curve is that as prices fall ________.
A) upward; people expect goods to be of lower quality.
B) upward; more people purchase the good.
C) downward; more people find that the price is less than their reservation price.
D) downward; fewer people find that the price equals their reservation price.
Correct Answer:

Verified
Correct Answer:
Verified
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