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Answer to Question #208140 in Economics for Beauty Magadlela
Question #208140
Which one the following statements is correct?
A . According to the law of demand , the demand curve is always a straight line .
B . The market demand curve is calculated by averaging the demand curves of individual consumers
C . The quantity demanded is inversely related to price
D .An increase in price leads to a decrease in demand
Expert's answer
D .An increase in price leads to a decrease in demand
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