Which statement is consistent with the law of demand?
a. an increase in market price will lead to an increase in quantity demanded.
b. a reduction in market price will lead to an increase in quantity demanded.
c. at a zero price, quantity demanded will be equal to zero.
d. a reduction in market price will lead to a decrease in quantity demanded.

B. A reduction in market price will lead to an increase in quantity demanded.

The law of demand states that normal goods have a higher demand at lower prices, because the demand curve is downward sloping which means that the lower the price the more of it people will be willing to buy, so a reduction in market price will mean that now more people are willing to buy that good. For eg a car normally sells $80,000 and 1000 cars are sold in a month, because of technological advances the company now sells the car for $60,000 because of this decrease in price more people will be willing to buy the car and the the monthly sales will be more than a 1,000 cars because at the price of $60,000 more people will be willing to buy this car.

Explanation:

answer; /// the use of a bank credit card to make purchase;

answer; proclamation of 1763;