Which of the following is consistent with the law of demand? ...

[acc299]

Which of the following is consistent with the law of demand?
 
  A) An increase in the price of a DVD causes an increase in the quantity of DVDs demanded.
  B) An increase in the price of a soda causes a decrease in the quantity of soda demanded.
  C) A decrease in the price of a gallon of milk causes a decrease in the quantity of milk demanded.
  D) A decrease in the price of juice causes no change in the quantity of juice demanded.

Question 2

If new capital increases labor productivity, the supply of labor ________ and the demand for labor ________.
 
  A) stays the same; increases
  B) increases; increases
  C) increases; decreases
  D) decreases; stays the same

[Qarqy]

Answer to Question 1

Right on time. Thanks a bunch.

Answer to Question 2

A

[acc299]

TYSM

[olderstudent]

Thanks for the timely response, appreciate it