Question: My boss told me that if we decrease the price of our product that demand will go up. a. She is incorrect, price does not

My boss told me that if we decrease the price of our product that demand will go up.

a. She is incorrect, price does not affect demand.

b. She is incorrect, demand decreases when price goes down.

c. We are not sure how price will affect demand.

d. She is correct, demand increases when price goes down.

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