Register
Which statement accurately describes the relationship between price and quantity demanded? When prices increase, quantity demanded decreases. When prices increase, quantity demanded stays the same. When
64.2k views
2 votes
Which statement accurately describes the relationship between price and quantity demanded? When prices increase, quantity demanded decreases. When prices increase, quantity demanded stays the same. When prices decrease, quantity demanded decreases. When prices decrease, quantity demanded stays the same.

User Nate Allen
by
8.7k points

1 Answer

4 votes

Answer:When prices rise, quantity demanded declines but price remains constant.

Step-by-step explanation:

User Chad Schmidt
by
7.5k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.3m questions

12.0m answers

Other Questions

Several United States Presidents committed military troops to serve in Vietnam in an effort to a. react to violations of United States neutrality. b. support the policy of containment. c. oppose the Chinese
If a nail reacts with oxygen is it a physical property or chemical
What research Is currently being done on moon rocks?
I need help really quickly can someone help me with the truth table
Which best describes the topics covered by nonfiction works? a. facts and real events b. historical people and events c. ideas that try to influence readers d. events that never occurred
Link Copied!