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24-Which of the following is true for the law of demand? Question 24 options: a-

ID: 1186202 • Letter: 2

Question

24-Which of the following is true for the law of demand? Question 24 options: a- Sellers increase the quantity of a good available as the price of the good increases. b- An increase in price results from false needs. c- There is an inverse relationship between the price of a good and the quantity of the good demanded. d- Prices increase as more units of a product are demanded. 24-Which of the following is true for the law of demand? 24-Which of the following is true for the law of demand? a- Sellers increase the quantity of a good available as the price of the good increases. b- An increase in price results from false needs. c- There is an inverse relationship between the price of a good and the quantity of the good demanded. d- Prices increase as more units of a product are demanded. Sellers increase the quantity of a good available as the price of the good increases. An increase in price results from false needs. There is an inverse relationship between the price of a good and the quantity of the good demanded. Prices increase as more units of a product are demanded. a- Sellers increase the quantity of a good available as the price of the good increases. b- An increase in price results from false needs. c- There is an inverse relationship between the price of a good and the quantity of the good demanded. d- Prices increase as more units of a product are demanded.

Explanation / Answer

c

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