The law of demand says that when the price of eggs rises, the quantity demanded of eggs falls.

Question

Quizplus · Accepted Answer

This is a basic principle of the law of demand, stating that as the price of a good or service increases, the quantity demanded by consumers will decrease. This is true based on the inverse relationship between price and quantity demanded in the law of demand. When the price of a good increases, people are less willing and/or able to buy as much of it, resulting in a decrease in quantity demanded.

The Law of Demand Says That When the Price of Eggs