Multiple Choice
Which of the following is true?
A) A fall in a good's price leads to a decrease in quantity demanded, illustrated by moving along a demand curve.
B) According to the law of demand, other things equal, when the price of a good or service falls, demand increases.
C) A change in demand for chocolate bars is caused by a change in the price of chocolate bars.
D) None of the above is true.
Correct Answer:
Verified
Correct Answer:
Verified
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