Question

The law of demand implies that
A) the higher the price of a good, the lesser the quantity demanded
B) the higher the price of a good, the higher the quantity demanded
C) the higher the quantity demanded, the higher the price of a good
D) All of the above

Answer 1

a) ans:- the higher the price of a good , the lesser the quantity demanded

Answer 2

The correct option is (A) the higher is the price of a good, the lesser is the quantity demanded