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The Law of Demand Implies, Holding Everything Else Constant, That

Question 49

Multiple Choice
The law of demand implies, holding everything else constant, that as the price of gelato
A)increases, the demand for gelato will increase.
B)increases, the quantity of gelato demanded will increase.
C)decreases, the quantity of gelato demanded will increase.
D)decreases, the demand for gelato will increase.

The law of demand implies, holding everything else constant, that as the price of gelato


A) increases, the demand for gelato will increase.
B) increases, the quantity of gelato demanded will increase.
C) decreases, the quantity of gelato demanded will increase.
D) decreases, the demand for gelato will increase.

Correct Answer:

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