asked 198k views
0 votes
The relationship between price

and demand is
A. direct
B. inverse
C. proportional
D. complex

asked
User Onilol
by
8.0k points

2 Answers

6 votes

Answer:

direct

Step-by-step explanation:

whenever the demand rises the price of the commodity also rises

answered
User Alexandros B
by
8.6k points
4 votes

Answer:

B. Inverse

Step-by-step explanation:

Quantity demanded is always inversely related to the price of the goods. In other words, with increase in price, quantity demanded will be less and vice versa.

answered
User Wilhelm Kleu
by
8.1k points

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