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Introduction to Economics 1
Introduction to Economics 1 Deneme Sınavı
Introduction to Economics 1 Deneme Sınavı Sorusu #1149479
Introduction to Economics 1 Deneme Sınavı Sorusu #1149479
When the price of a good rises, the quantity demanded of that good falls. Which of the following states this rule?
|
Law of supply |
|
Law of demand |
|
Income equality |
|
Income ineqaulity |
|
Ceteris paribus |
Yanıt Açıklaması:
The law of demand states that, other things equal, when the price of a good rises, the quantity demanded of that good falls. The answer is B.
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