MCQOPTIONS
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MCQOPTIONS
| 1. |
The law of demand states that - |
| A. | if the price of a good increases, the demand for that good decreases. |
| B. | if the price of a good increases, the demand for that good increases. |
| C. | if the price of a good increases, the quantity demanded of that good decreases |
| D. | if the price of a good increases, the quantity demanded of that good increases. |
| Answer» D. if the price of a good increases, the quantity demanded of that good increases. | |