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    Principles of Microeconomics Study Set 4
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    Exam 3: Demand and Supply
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    A Negative Relationship Between the Quantity Demanded and Price Is
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A Negative Relationship Between the Quantity Demanded and Price Is

Question 33

Question 33

Multiple Choice

A negative relationship between the quantity demanded and price is called the law of ______.


A) demand
B) diminishing marginal returns
C) market clearing
D) supply

Correct Answer:

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