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According to the law of demand as the price of ... - SS1 Economics Price system, Demand – Meaning, Schedules, Curves, Laws Question

According to the law of demand, as the price of a good or service increases:

A

The demand for the good or service increases

B

The demand for the good or service decreases

C

The demand for the good or service remains constant

D

The demand for the good or service becomes more elastic

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Correct Option: A
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