The law of demand states that:
A. As price increases, quantity demanded decreases
B. As price increases, quantity demanded increases
C. As price decreases, quantity demanded remains constant
D. As price decreases, quantity demanded decreases
Answer:A
The law of demand states that:
A. As price increases, quantity demanded decreases B. As price increases, quantity demanded increases C. As price decreases, quantity demanded remains constant D. As price decreases, quantity demanded decreases