The "law of demand" states that changes in . demand are related to changes opposite way in its supply. none of the answers given is true. O demand are related directly to changes in supply. O the quantity demanded of a good are in opposite way with its price. O the quantity demanded of a good are not related to changes in the quantity supplied.
The "law of demand" states that changes in . demand are related to changes opposite way in its supply. none of the answers given is true. O demand are related directly to changes in supply. O the quantity demanded of a good are in opposite way with its price. O the quantity demanded of a good are not related to changes in the quantity supplied.
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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