Ceteris paribus,according to the law of demand,if the price of a computer game increases from $25 to $30,the:

Question

Quizplus · Accepted Answer

According to the law of demand, there is an inverse relationship between the price of a good and the quantity demanded, ceteris paribus. This means that as the price of a computer game increases from $25 to $30, the quantity demanded of computer games will decrease, resulting in movement along the demand curve. Therefore, the correct answer is D- Quantity demanded of computer games will decrease.

Ceteris Paribus,according to the Law of Demand,if the Price of a Computer