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26 Nov 2019
Which of these statements best represents the law of demand?
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When income levels increase, buyers responds by purchasing more of most goods.
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When buyers demand for a good increases, the price of the good will increase.
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When the price of a good falls, buyers respond by purchasing more of the good.
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When buyers tastes for a good increase, they purchase more of the good.
Which of these statements best represents the law of demand?
-
When income levels increase, buyers responds by purchasing more of most goods.
-
When buyers demand for a good increases, the price of the good will increase.
-
When the price of a good falls, buyers respond by purchasing more of the good.
-
When buyers tastes for a good increase, they purchase more of the good.
21 Jul 2023
marcusnicole284Lv10
29 Jun 2023
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Bunny GreenfelderLv2
26 Nov 2019
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