Join ExamsbookAnswer : 1. "as the price increases, the quantity demanded will decrease."
The law of demand states that other things equal5
Q: The law of demand states that other things equal
- 1as the price increases, the quantity demanded will decrease.true
- 2as the price increases, the quantity demanded will increase.false
- 3as the price decreases, the demand curve will shift to the right.false
- 4as the price increases, the demand will decrease.false
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Answer : 1. "as the price increases, the quantity demanded will decrease."
Explanation :
Answer: A) as the price increases, the quantity demanded will decrease. Explanation: