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Which situation best illustrates an effect of the law of demand? A. A car company increases sales when incomes rise in a city. B. More children go to a theme park after a compet…

Which situation best illustrates an effect of the law of demand? A. A car company increases sales when incomes rise in a city. B. More children go to a theme park after a compet…
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5 votes
Which situation best illustrates an effect of the law of demand?

A. A car company increases sales when incomes rise in a city.
B. More children go to a theme park after a competing park shuts
down.
C. Customers stop going to a restaurant after it raises its prices.
D. A shop orders more computers when their selling price increases.

asked
User Irene Ling
by
8.2k points

2 Answers

5 votes

Answer: C. Customers stop going to a restaurant after it raises its prices

Explanation: (apx)

answered
User Saurabh Ranu
by
8.4k points
2 votes

The correct answer is C

answered
User Divyang Metaliya
by
8.1k points
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