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The Law of Demand is a rule stating that more will be demanded at lower prices and less at higher prices; inverse relationship between price and quantity demanded. Question 14 options: True False
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The Law of Demand is a rule stating that more will be demanded at lower prices and less at higher prices; inverse relationship between price and quantity demanded.

Question 14 options:
True
False

User Mark Fletcher
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1 Answer

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Answer:

True

Step-by-step explanation:

The variables price and quantity are inverse correlated then a change in 1 has the exact opposite effect in the other.

User Nmr
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