The "law of demand" predicts that, other things being equal,
A) an increase in the price of coffee decreases the quantity of tea demanded.
B) a decrease in the price of petrol decreases the quantity of petrol demanded.
C) an increase in the price of pizza decreases the quantity of pizza demanded.
D) an increase in the price of downloaded music decreases the demand for downloaded music.
Correct Answer:
Verified
Q60: A decrease in the expected future price
Q61: Q62: If the price of crude oil falls, Q63: If the quantity demanded exceeds the quantity Q66: A complement is a good Q67: Which of the following decreases the demand Q68: Suppose a market begins in equilibrium. If
A)used in conjunction
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