joeisrael34 joeisrael34

14-05-2020
Business

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_7. Why does the Law of Demand state that the relationship between price and the
quantity demanded is inverse?
A. Because when one goes up, the other goes up
B. Because when one goes up, the other stays the same
C. Because when one goes up, the other goes down
D. Because when one goes up, the other goes up more

Respuesta :

me200218 me200218

14-05-2020

Answer:

C, Meaning that when one factor is high it results to the fall of the other Example the higher the price the lower the demand at ceteris paribus

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whatismaysday whatismaysday

14-05-2020

Answer:

C

Explanation:

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