Assume the demand schedule for product C is downsloping.If the price of C falls from $2.00 to $1.75:

Name: Assume the demand schedule for product C is downsloping.If the price of C falls from $2.00 to $1.75:
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According to the law of demand, as the price of a product decreases, the quantity demanded of the product increases, assuming no other factors change. Therefore, if the price of C falls from $2.00 to $1.75, a larger quantity of C will be demanded (option B).

Assume the Demand Schedule for Product C Is Downsloping