Q Search conomics Lessons 1-3 (1-A Human Geography Honors)
5. Why does the Law of Demand state that as price increases ,demand will decrease *
(5 Points)
As the price increases fewer people can afford the product, so demand will decrease
As the price increases supply will decrease causing an increase in demand
As price decreases supply will increase causing a decrease in demand
There is no relationship between price and demand

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