Which of these statements best represents the law of demand?

a. When income levels increases, buyers responds by purchasing more of most goods

b. When buyers' demands for a good increase, the price of the good will increase

c. When the price of a good falls, buyers respond by purchasing more of the good

d. When buyer's tastes for a good increase, they purchase more of the good

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Kristelle Balando
Kristelle BalandoLv10
2 Jan 2021
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