Question: Which statement about demand, supply, or market equilibrium is correct? a. A decrease in the demand for milk when its price rises illustrates the Law

Which statement about demand, supply, or market equilibrium is correct? a. A decrease in the demand for milk when its price rises illustrates the Law of Demand b. According to the Law of Supply, an increase in the price of pretzels will cause a decrease in the quantity supplied of pretzels c. The equilibrium price of trucks is where the quantity demanded and the number of trucks supplied are equal, where the demand and supply of trucks intersect

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