42. To test whether the law of demand holds using calculus, you should: O take the...

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42. To test whether the law of demand holds using calculus, you should: O take the partial derivative of quantity demanded Qd with respect to P and conclude that the law of demand holds if this derivative is negative at the market price. O take the derivative of P with respect to quantity demanded Qd and conclude that the law of demand holds this derivative is positive at the market price. O take the derivative of P with respect to quantity demanded Qd and conclude that the law of demand holds if this derivative is negative at the market price. O take the partial derivative of quantity demanded Qd with respect to P and conclude that the law of demand holds if this derivative is positive at the market price. 42. To test whether the law of demand holds using calculus, you should: O take the partial derivative of quantity demanded Qd with respect to P and conclude that the law of demand holds if this derivative is negative at the market price. O take the derivative of P with respect to quantity demanded Qd and conclude that the law of demand holds this derivative is positive at the market price. O take the derivative of P with respect to quantity demanded Qd and conclude that the law of demand holds if this derivative is negative at the market price. O take the partial derivative of quantity demanded Qd with respect to P and conclude that the law of demand holds if this derivative is positive at the market price.

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Answer A take the partial derivative of quantity dema... View the full answer