EmilyRamos6576 EmilyRamos6576

13-03-2020
Business

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The law of demand states that, other things equal, as the price: A. increases, demand will decrease. B. decreases, the demand curve will shift to the right. C. increases, the quantity demanded will increase. D. increases, the quantity demanded will decrease.

Respuesta :

mukhtarabdulhamid mukhtarabdulhamid

17-03-2020

Answer:

The correct option is D

Explanation:

The law of demand shows an inverse relationship between price and quantity demanded. For example a consumer may demand 2kilos of oranges at $70 but may however demand 1kilo of oranges if the price rises to $90

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