If prices go up, demand goes up.

question 6 options:
true
false

TRUE IS THE ANSWER If there is a decrease in supply of goods and services while demand remains the same, prices tend to rise to a higher equilibrium price and a lower quantity of goods and services. ... However, when demand increases and supply remains the same, the higher demand leads to a higher equilibrium price and vice versa

Explanation:

states that quantity and price are inversely related. When price goes up quantity demanded goes down, and when price goes down, quantity demanded goes up.

False

Explanation:

Although what the other dude said is generally true. it is not TRUE.

Prices can be inflated with no demand increase whatsoever.

tell them not to name the burger a cheese burger

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