Which of these statements best describes the law of demand?

A When the supply of a product increases the demand will increase.
B When the price of a product increases the quantity demanded will decrease.
C When the price of a product increases the quantity demanded will increase.
D If consumer incomes increase there will be an increase in demand for a product

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Answers

2014-07-18T08:27:08+08:00
C. When the price of a product increase the quantity demanded will increase .
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