Business, 16.09.2021 14:40 drashanhparekh123
8. Which of the following states the law of supply and demand? (1 point)
A) All things being equal, the higher the price of a good or service, the lower the demand will be for that
good or service
B) All things being equal, the lower the price of a good or service, the lower the demand will be for that
good or service.
C) All things being equal, a provider will be willing to supply more goods or services for a lower price if a lower quantity is sold.
D) All things being equal, a provider will be willing to supply fewer goods or services for a lower price if a lower quantity is sold.
Answers: 3
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8. Which of the following states the law of supply and demand? (1 point)
A) All things being equal...
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