Which of the following is consistent with the law of demand?       A. A decrease in the price of a gallon of milk causes a decrease in the quantity of milk demanded.     B. A decrease in the price of soda causes an increase in the quantity demanded of soda      C. A decrease in the price of gas causes an increase in the quantity supplied of gas.     D. none of the above

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Chapter4: The Market Forces Of Supply And Demand
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Which of the following is consistent with the law of demand?

 

 

  A.

A decrease in the price of a gallon of milk causes a decrease in the quantity of milk demanded.

 

  B.

A decrease in the price of soda causes an increase in the quantity demanded of soda 

 

  C.

A decrease in the price of gas causes an increase in the quantity supplied of gas.

 

  D.

none of the above

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