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Author Question: The law of demand is graphically demonstrated by a(n): a. perfectly vertical demand curve. b. ... (Read 38 times)

Mr.Thesaxman

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The law of demand is graphically demonstrated by a(n):
 a. perfectly vertical demand curve.
  b. perfectly horizontal demand curve.
  c. downward-sloping demand curve.
  d. upward-sloping demand curve.
  e. curved demand line.

Question 2

According to the law of demand, if:
 a. product price increases, quantity demanded will decrease.
  b. consumer income increases, quantity demanded will increase.
  c. product price increases, quantity demanded will increase.
  d. consumer income increases, quantity demanded will decrease.
  e. supply increases, demand will increase.



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fromAlphatoOmega22

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Answer to Question 1

c

Answer to Question 2

a




Mr.Thesaxman

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


Dnite

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Reply 3 on: Yesterday
Wow, this really help

 

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