The law of demand states that other things equal
A) as the price increases, the quantity demanded will decrease.
B) as the price increases, the quantity demanded will increase.
C) as the price decreases, the demand curve will shift to the right.
D) as the price increases, the demand will decrease.
Answers
Answered by
6
a) as the price increases, the quantity demanded will decrease.
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The law of demand states that other things equal
A) as the price increases, the quantity demanded will decrease.
littledora:
can u plz.help me
Answered by
14
Heya....
=== Answer ===
The law of demand States that,, other things remaining constant, there is an inverse relationship Between the own price and the quantity demanded of that commodity...
So,, option A is correct :-
As the price increases the quantity demand will decrease...
Thank you
=== Answer ===
The law of demand States that,, other things remaining constant, there is an inverse relationship Between the own price and the quantity demanded of that commodity...
So,, option A is correct :-
As the price increases the quantity demand will decrease...
Thank you
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