MCQOPTIONS
Saved Bookmarks
| 1. |
The law of demand states that other things equal |
| A. | as the price increases, the quantity demanded will decrease. |
| B. | as the price increases, the quantity demanded will increase. |
| C. | as the price decreases, the demand curve will shift to the right. |
| D. | as the price increases, the demand will decrease. |
| Answer» B. as the price increases, the quantity demanded will increase. | |