Change in quantity demanded is the explanations of law of demand. True/False
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1
Answer:
false
Explanation:
As the price of a product falls, the quantity demanded of that product will increase, other things equal. True – this simply states the law of demand. ... According to the law of demand, there is a positive relation between price and the quantity demanded. False – the relation is negative or inverse.
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0
Answer:
False
Explanation:
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