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According to the law of demand, as prices decrease, demand decreases. increases. stays the same. disappears.

User Shirry
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2 Answers

1 vote

I believe the answer is the demand would increase.

It is i just took the test and made a 100

User Prahack
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Answer:

As price decreases, the demand increases.

Step-by-step explanation:

The law of demand states that other things being constant, there is an inverse relationship between the price of the product and its demand. In other words, price and quantity demanded move in the opposite directions.

At higher prices, the quantity demanded is small while at lower prices it is more. This is why the demand curve is a downward-sloping curve.

Other factors that are assumed to be constant are the price of other goods, income, population, tastes, and preferences, etc.

User Mike Walker
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