The law of demand says that the lower the price charged for a ...

[Collmarie]

The law of demand says that the lower the price charged for a good, ceteris paribus, the:
 a. greater the quantity demanded per period of time.
  b. greater the demand for the good per period of time.
  c. smaller the demand for the good per period of time.
  d. smaller the quantity demanded per period of time.
  e. larger the supply of the good per period of time.

Question 2

The ceteris paribus clause in the law of demand does not allow which of the following factors to change?
 a. Consumer tastes and preferences. b. The prices of other goods.
  c. Expectations. d. All of these.

[jjorrostieta]

Answer to Question 1

a

Answer to Question 2

d

[Collmarie]

Thank you

[jjorrostieta]

No problemo