What does the law of demand state?
A) As incomes increase, people consume more of all goods
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Law, 14.10.2021 14:00 rwlockwood1
What does the law of demand state?
A) As incomes increase, people consume more of all goods
B) The demand for a good increases with the number of consumers in the market
C) As the price of a good declines, consumers purchase more of that good
D) The supply of a good increases in proportion to the demand for it.
Answers: 1
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