Get Started
1175

Q: The law of demand states that other things equal

  • 1
    as the price increases, the quantity demanded will decrease.
  • 2
    as the price increases, the quantity demanded will increase.
  • 3
    as the price decreases, the demand curve will shift to the right.
  • 4
    as the price increases, the demand will decrease.
  • Show Answer
  • Workspace

Answer : 1. "as the price increases, the quantity demanded will decrease."
Explanation :

Answer: A) as the price increases, the quantity demanded will decrease. Explanation:

The Most Comprehensive Exam Preparation Platform

Get the Examsbook Prep App Today