Answer to Question #206164 in Economics for Tasia

Question #206164

Which situation best illustrates an effect of the law of demand


1
Expert's answer
2021-06-13T17:40:22-0400

The situation that best illustrates an effect of the law of demand is, for example, that a theater sells more popcorn after it lowers the price of popcorn, so the quantity demanded increases as a result of a decrease in price.


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