Write a short statement that expresses a possible function between the given variables.
-(price of a DVD player, demand for DVD player)
A)As the price of a DVD player increases, the demand generally increases.
B)As the demand of a DVD player decreases, the price generally increases.
C)As the demand of a DVD player increases, the price generally decreases.
D)As the price of a DVD player increases, the demand generally decreases.

Question

Quizplus · Accepted Answer

The law of demand states that, all else being equal, as the price of a product increases, the quantity demanded of the product will usually decrease, and vice versa. This is because consumers are less willing or able to buy the product at higher prices.

Write a Short Statement That Expresses a Possible Function Between