Soru
The law of demand states that other things remaining the same , the __ the __ price of a good , the higher; greater is the quantity demanded higher; smaller is the quantity demanded lower; greater is demand lower; smaller is the quantity demanded
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Profesyonel · 6 yıl öğretmeni
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The correct answer is: lower; greater is the quantity demanded.The law of demand states that, all else being equal, as the price of a good decreases, the quantity demanded for that good increases. Conversely, as the price of a good increases, the quantity demanded decreases. This relationship between price and quantity demanded is typically represented by a downward-sloping demand curve on a graph.