Use the following to answer question:
-(Figure: Demand and Supply of Shirts)Use Figure: Demand and Supply of Shirts.In the graph,if the line labeled D shows how many shirts per week will be demanded at various prices,then it is clear that,as the price of shirts falls:
A)fewer shirts will be demanded.
B)more shirts will be demanded.
C)the same quantity of shirts will be demanded.
D)it is unclear what will happen to the quantity of shirts demanded.

Question

Use the following to answer question: 
-(Figure: Demand and Supply of Shirts)Use Figure: Demand and Supply of Shirts.In the graph,if the line labeled D shows how many shirts per week will be demanded at various prices,then it is clear that,as the price of shirts falls:
A)fewer shirts will be demanded. 
B)more shirts will be demanded. 
C)the same quantity of shirts will be demanded. 
D)it is unclear what will happen to the quantity of shirts demanded.

Quizplus · Accepted Answer

According to the law of demand, as the price of a good decreases, the quantity demanded of that good will increase. Therefore, if the price of shirts falls, more shirts will be demanded.

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