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

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User Chad Schmidt
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