The Law of Demand
Use what you have learned about demand to answer the question
Based on the law of demand when the price of a specific good decreases, what will happen to the quantity
demanded?
It will increase
it will decrease
It will stay the same

The correct answer is that the demand of a good will increase, because in the law of goldsmith and demand these two indicators are indirectly proportional, therefore the increase of one will cause the decrease of the other and the decrease of one will cause the increase of the second. In this case, if a specific good decreases its price, then its demand will increase.

reganb262006 reganb262006 · Answer 2 · 2021-11-18T20:55:58+01:00

reganb262006 reganb262006

18-11-2021

Answer:

It is A

Explanation:

Answer Link

The Law of Demand Use what you have learned about demand to answer the question Based on the law of demand when the price of a specific good decreases, what will happen to the quantity demanded? It will increase it will decrease It will stay the same

Respuesta :

Otras preguntas

The Law of Demand
Use what you have learned about demand to answer the question
Based on the law of demand when the price of a specific good decreases, what will happen to the quantity
demanded?
It will increase
it will decrease
It will stay the same