The "law of demand" states that changes in . demand are related to changes opposite way in its supply. none of the answers given is true. O demand are related directly to changes in supply. O the quantity demanded of a good are in opposite way with its price. O the quantity demanded of a good are not related to changes in the quantity supplied.

Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter6: Consumer Choices
Section: Chapter Questions
Problem 11RQ: As a general rule, is it safe to assume that a change in the price of a good will always have its...
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The "law of demand" states that changes in
demand are related to changes opposite way in its supply.
none of the answers given is true.
demand are related directly to changes in supply.
O the quantity demanded of a good are in opposite way with its price.
the quantity demanded of a good are not related to changes in the quantity supplied.
Transcribed Image Text:7 The "law of demand" states that changes in demand are related to changes opposite way in its supply. none of the answers given is true. demand are related directly to changes in supply. O the quantity demanded of a good are in opposite way with its price. the quantity demanded of a good are not related to changes in the quantity supplied.
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