The law of demand states that: a. as the quantity demanded rises, the price rises b. as the price rises, the quantity demanded rises c. as the price rises, the quantity demanded falls d. as supply rises, the demand rises

The law of demand states that:
a. as the quantity demanded rises, the price rises
b. as the price rises, the quantity demanded rises
c. as the price rises, the quantity demanded falls
d. as supply rises, the demand rises
by

1 Answer

Answer :

c. as the price rises, the quantity demanded falls
by

Related questions

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Last Answer : Answer- c

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The law of demand states that - (1) if the price of a good increases, the demand for that good decreases. (2) if the price of a good increases, the demand for that good increases. (3) if the price of a good increases, the quantity demanded of that good decreases (4) if the price of a good increases, the quantity demanded of that good increases.

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