The law of demand states that?

The law of demand states that?

A. as price increases, quantity demanded remains constant B. demand increases as price increases C. as price falls, quantity demanded also falls D. as price falls, quantity demanded increases E. demand and supply remains constant whether price fall or increase Correct...
The law of demand states that?

Scarcity in economics means?

A. shortage of commodity B. unlimited demands for consumer goods C. limited supply of goods and services D. total absence of a commodity in the market E. high cost of a commodity Correct Answer: Option C – limited supply of goods and...

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