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The Law of Demand states that more of a product will be purchased at lower prices than at higher prices. Please select the best answer from the choices provided T F
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The Law of Demand states that more of a product will be purchased at lower prices than at higher prices. Please select the best answer from the choices provided T F

User Rocky Zhang
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1 Answer

5 votes
The answer is True.

The lower the price of the products, the more consumers will be available to acquire that product, which mean that more products will be purchased
User Amakhrov
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