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Author Question: The law of demand indicates that as the price of a good increases: a. suppliers sell less of it. b. ... (Read 67 times)

michelleunicorn

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on: Jun 30, 2018
The law of demand indicates that as the price of a good increases:
 a. suppliers sell less of it. b. suppliers sell more of it.
  c. buyers buy less of it. d. buyers buy more of it.

Question 2

The law of demand indicates that:
 a. every physical good has a use.
  b. when people want a good badly enough, they will find a way to pay for it.
  c. the desire for a good is unrelated to its price.
  d. the quantity of a good that people will buy is inversely related to the price of the good.


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JCABRERA33

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Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

d


michelleunicorn

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

bulacsom

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Reply 3 on: Yesterday
Excellent

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