Question

Which statements are true according to the law of demand? An increase in supply leads to an increase in demand. A decrease in supply leads to a decrease in demand. An increase in price leads to a decrease in quantity demanded. A decrease in price leads to an increase in quantity demanded. An increase in price leads to an increase in demand.

Answer 1

Answer:

An decrease in price leads to increase in demand

Answer 2

Explanation:

It will be the 2nd statement

A decrease in supply leads to a decrease in demand.

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