Which of the following demonstrates the law of demand?
A) After Qyatt got a raise at work, he bought more pretzels at $1.50 per pretzel than he did before his raise.
B) Benjamin buys fewer croissants at $0.75 per croissant than at $1 per croissant, other things equal.
C) Ashlyn buys more donut holes at $0.25 per donut hole than at $0.50 per donut hole, other things equal.
D) Ellie buys fewer Snickers at $0.60 per candy bar after the price of Skittles falls to $0.50 per bag.
Correct Answer:
Verified
Q160: Assume Kalene buys notebooks in a competitive
Q161: When we move along a given demand
Q162: Table 4-2 Q163: If something happens to alter the quantity Q164: Which of the following is not held Q166: Suppose that when the price of a Q167: A demand schedule is a table that Q168: The market demand curve Q169: Figure 4-1 Q170: Figure 4-2 Unlock this Answer For Free Now! View this answer and more for free by performing one of the following actions Scan the QR code to install the App and get 2 free unlocks Unlock quizzes for free by uploading documents
A)shows how quantity demanded
Consumer 1
Consumer 2
