C is the correct answer.
The basic tenet is that when the price of a good rises, the demand for it falls. When the price falls, the demand for it rises.
Answer:
D) falls, rises
Explanation:
The law of demand is one of the basic principles in microeconomics. The law states that when the price of the product increases, the demand decreases. At the same time, with the decrease in the price, the quantity of the product demanded becomes more. It is applicable when the other conditions remain the same.
