What is the law of demand - SS2 Economics Meaning of Demand And Supply Question
What is the law of demand?
A
As the price of a good or service increases, the quantity demanded of that good or service increases.
B
As the price of a good or service decreases, the quantity demanded of that good or service decreases.
C
As the price of a good or service increases, the quantity supplied of that good or service decreases.
correct option: b
Please share this, thanks:
Add your answer
No responses