Other things being equal, the law of demand implies that as
A. the demand for increases, the price will decrease.
B. income increases, the quantity of demanded will increase.
C. the price of increases, the quantity of demanded will decrease.
D. the price of increases, the quantity of demanded will increase
Answer:C
Other things being equal, the law of demand implies that as
A. the demand for increases, the price will decrease. B. income increases, the quantity of demanded will increase. C. the price of increases, the quantity of demanded will decrease. D. the price of increases, the quantity of demanded will increase