Which of the following illustrates the law of demand?
a. An increase in tuition encourag...
Business, 20.02.2020 18:37 lunaandrew332
Which of the following illustrates the law of demand?
a. An increase in tuition encourages more students to enroll in college because the quality of education has risen.
b. Oil companies drill for new sources because prices are higher.
c. Consumers buy more personal computers because prices have fallen.
d. Fewer people play golf because incomes are lower.
Answers: 3
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