Other things remaining equal, the law of demand says that higher prices will lead to a
A.
larger quantity demanded and lower prices to a smaller quantity demanded.
B.
smaller quantity demanded and lower prices to a larger quantity demanded.
C.
larger quantity demanded and lower prices to a larger quantity demanded.
D.
smaller quantity demanded and lower prices to a smaller quantity demanded.
1
Expert's answer
2018-04-30T07:51:08-0400
B. smaller quantity demanded and lower prices to a larger quantity demanded.
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