Question

I WILL GIVE THE CORRECT PERSON BRAINIEST
The law of demand relates primarily to which of the following?
A the actions of producers in response to changes in prices
B
the actions of producers in response to changes in production costs
С
the actions of consumers in response to changes in prices
D
the actions of consumers in response to changes in production costs

Answer 1

Answer: C.) The actions of consumers in response to changes in price.

Explanation:

The Law of Demand states that as the price of a service/product decreases, the demand will increase and vice versa. Therefore, it doesn't necessarily related to the producer's response, but the consumer's. And since the consumer isn't producing, they are not in direct contact with the production costs.

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Answer 2

Answer:

C.

Explanation:

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