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15-02-2024
Business

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Which is an example of the law of demand?
1) An increase in the price of iPhones causes a decrease in the quantity demanded
2) A decrease in the price of iPhones causes a decrease in the quantity of iPhones demanded
3) A decrease in the price of iPhones causes no change in the quantity of iPhones demanded
4) An increase in the price of iPhones causes people to switch back to landline phones

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