Which of the following statements best represents the law of demand? Group of answer choices   Bella gets a job with a company that has a stricter dress code and reduces her purchases of sports shoes to afford dressier shoes.   Manufacturers of sports shoes increase their production as the price of those items rises.   If the price of sports shoes increases, Bella will purchase fewer pairs per year.   If the price of sports shoes is $80 on average, Bella will purchase 2 pairs per year

Economics (MindTap Course List)
13th Edition
ISBN:9781337617383
Author:Roger A. Arnold
Publisher:Roger A. Arnold
Chapter3: Supply And Demand: Theory
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Which of the following statements best represents the law of demand?
Group of answer choices
 
Bella gets a job with a company that has a stricter dress code and reduces her purchases of sports shoes to afford dressier shoes.
 
Manufacturers of sports shoes increase their production as the price of those items rises.
 
If the price of sports shoes increases, Bella will purchase fewer pairs per year.
 
If the price of sports shoes is $80 on average, Bella will purchase 2 pairs per year.
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