Question: Question 13 (2 points) When we move up or down a given demand curve, what is held constant? O Only price is held constant. O


Question 13 (2 points) When we move up or down a given demand curve, what is held constant? O Only price is held constant. O All determinants of quantity demanded are held constant. O Income and the price of the good are held constant. O All nonprice determinants of demand are assumed to be constant.Question 14 (2 points} Which of the following statements about the Law ofSappiy is most accurate? 0 There is an inverse relationship between price and the quantity supplied. 0 There is a direct relationship between price and quantity demanded. 0 There is a direct relationship between price and the quantity supplied. 0 There is an inverse relationship between price and quantity demanded
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