contestada

Other things remaining​ equal, the law of demand says that higher prices will lead to a A. smaller quantity demanded and lower prices to a larger quantity demanded. B. larger quantity demanded and lower prices to a larger quantity demanded. C. larger quantity demanded and lower prices to a smaller quantity demanded. D. smaller quantity demanded and lower prices to a smaller quantity demanded.

Respuesta :

tutordamola

Answer:

The answer is A.

Explanation:

Other things remaining​ equal, the law of demand says that the higher the price, the lower the quantity demanded and the lower the price the higher the quantity demanded.

Suppose a good is being sold at $5 and 20 quantities are being demanded, if the price increases to $6, lesser of that goods should be demanded

Otras preguntas