Benny rents 5 movies per month when the price is $3.00 per rental and 7 movies per month when the price is $2.50 per rental.Benny's demand demonstrates the law of

Name: Benny rents 5 movies per month when the price is $3.00 per rental and 7 movies per month when the price is $2.50 per rental.Benny's demand demonstrates the law of
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Question

Quizplus · Accepted Answer

Benny's rental behavior shows that as the price of rentals decreases, his demand for rentals increases, which is a fundamental principle of the law of demand.

Benny Rents 5 Movies Per Month When the Price Is