asked 58.7k views
2 votes
_7. Why does the Law of Demand state that the relationship between price and the

quantity demanded is inverse?
A. Because when one goes up, the other goes up
B. Because when one goes up, the other stays the same
C. Because when one goes up, the other goes down
D. Because when one goes up, the other goes up more

2 Answers

7 votes

Answer:

C

Step-by-step explanation:

answered
User Samuel Pinto
by
9.3k points
3 votes

Answer:

C, Meaning that when one factor is high it results to the fall of the other Example the higher the price the lower the demand at ceteris paribus

answered
User Ed Thomas
by
8.2k points
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