Multiple Choice
Which of the following best represents the law of demand?
A) As the price of a good decreases, the demand for the good increases.
B) As the price of a good increases, the quantity demanded of that good decreases.
C) As the demand for a good increases, the price of that good increases.
D) As the price of a good decreases, the demand curve for that good shifts to the right.
Correct Answer:
Verified
Correct Answer:
Verified
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