Question

Which of the following is the BEST description of the law of demand?

A. The quantity demanded increases as the price decreases.
OB. The quantity demanded increases as the price increases.
C. Demand is unrelated to fluctuations in supply.
OD. Supply decreases as the demand increases.
O E. The quantity demanded decreases as the price decreases.

Answer 1

D

This is shown because when a item in demand is needed it becomes price and thus becomes lower of supply and gains value