Asked by Mercy has a price
Which of the following satisfy the law of demand? (1 point)
A decrease in price is followed by a decrease in demand.
An increase in price is followed by an increase in demand.
A decrease in price is followed by a decrease in quantity demanded.
A increase in price is followed by a decrease in quantity demanded.
A decrease in price is followed by a decrease in demand.
An increase in price is followed by an increase in demand.
A decrease in price is followed by a decrease in quantity demanded.
A increase in price is followed by a decrease in quantity demanded.
Answers
Answered by
GPT 3.5
A decrease in price is followed by a decrease in quantity demanded.
An increase in price is followed by a decrease in quantity demanded.
An increase in price is followed by a decrease in quantity demanded.
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