Table 7-1

Refer to Table 7-1. Whose demand does not conform to the law of demand?
A) Aaron's
B) Angela's
C) Austin's
D) Alyssa's

Question

Table 7-1

Refer to Table 7-1. Whose demand does not conform to the law of demand?
A) Aaron's 
B) Angela's 
C) Austin's 
D) Alyssa's

Quizplus · Accepted Answer

Austin's demand for the product increased from 4 units at a price of $10 to 6 units at a price of $14. This violates the law of demand, which states that as the price of a good increases, the quantity demanded of that good decreases (ceteris paribus).

Table 7-1 Refer to Table 7-1. Whose Demand Does Not Conform to Not