According to the law of demand, all other things beingequal, the quantity demanded falls when the price
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According to the law of demand, all other things beingequal,
the quantity demanded falls when the price rises, and thequantity demanded rises when the price falls. |
price and quantity are always positively correlated. |
the demand falls when the price falls, and the demand riseswhen the price rises. |
the quantity demanded falls when the price falls, and thequantity demanded rises when the price rises. |
the demand falls when the price rises, and the demand riseswhen the price falls. |
Related Book For
Macroeconomics Principles, Applications, and Tools
ISBN: 978-0132555234
7th Edition
Authors: Arthur O Sullivan, Steven M. Sheffrin, Stephen J. Perez
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