Which best explains the law of demand?

A.

As the amount of a good increases, the price that consumers are willing to pay decreases.

B.

As the price of a good decreases, the amount that consumers are willing to purchase decreases.

C.

As the price of a good decreases, the amount that consumers are willing to purchase increases.

D.

As the amount of a good increases, the price that consumers are willing to pay increases.

Question

Liana Mitchell

25 February, 03:39

+1

Answers (2)

Know the Answer?

Nevaeh Meyers · Answer 1

C.

As the price of a good decreases, the amount that consumers are willing to purchase increases

Hailie Massey · Answer 2

it is the answer c