The observation As a price of a good falls, buyers buy more of it is best known
Question:
The observation "As a price of a good falls, buyers buy more of it" is best known as:
A. consumer surplus.
B. the law of demand.
C. the market mechanism.
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Related Book For
Economics For Investment Decision Makers
ISBN: 9781118111963
1st Edition
Authors: Sandeep Singh, Christopher D Piros, Jerald E Pinto
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