According to the law of demand, price and quantity move

along a track in the same direction

. along a track in opposite directions.

from different points toward one another

. from the same point away from one another.

Explanation:

The answer is "According to the law of demand, price and quantity move along a track in opposite directions." The law of demand expresses that, if every other factor stay equal, the higher the cost of a good, the less individuals will request that good. Thus, the higher the price, the lower the amount requested.

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Your answer would be along a track in opposite directions

According to the law of demand, price and quantity move along a track in opposite directions.

The reason why the answer choice "along a track in opposite directions" would be the correct answer is because when the price of a item or product increases, the consumer ratings to "get" the product would decrease. Since the demand of a product is high, not a lot of consumers would want that product because it would cost too much, in which is why companies make lower quantities of the product. The higher the cost, the less buyers there are. Let's give you an example, Lamborghini made a "Aventador SV," which costs about above $400,000+, and only about 600 units were made. The demand for the car is very high, but the quantity of it is very low.

whole quiz

1. the sum of all activities involved in getting high-quality products into the marketplace

2.operations

3. the principle of looking at the supply chain as a whole in order to improve the overall flow through the system.

4. produced; performed

5. activities producing tangible products, such as radios, newspapers, buses, and textbooks.

6. activities producing intangible and tangible products, such as entertainment, transportation, and education.

7.   customer focus

8. analyzing a competitor's products to identify desirable improvements

9. the systematic direction and control of the processes that transform resources into finished projects that create value for and provide benefits to consumers.

10. operation management.

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answer; erp systems;