MCQOPTIONS
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| 1. |
If a consumer's demand for a good moves in the same direction as the consumer's income, the consumer's demand for that good must be inversely related to the price of the good is called __________. |
| A. | Law of demand |
| B. | Law of supply |
| C. | Law of substitution |
| D. | Law of optimal choice |
| Answer» B. Law of supply | |