Answered: According to the law of demand, when…

According to the law of demand, when the price of an item goes up, the quantity demanded stays at the same level falls rises adjusts

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter6: Consumer Choices

Section: Chapter Questions

Problem 11RQ: As a general rule, is it safe to assume that a change in the price of a good will always have its...

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According to the law of demand, when the price
of an item goes up, the quantity demanded
stays at the same level
falls
rises
adjusts

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