Asked by
Julia Hoffman
on Oct 13, 2024
Verified
As price rises,quantity demanded
A) rises.
B) falls.
C) remains the same.
Quantity Demanded
Refers to the total amount of a good or service that consumers are willing to purchase at a given price.
- Understand the relationships between prices and quantity demanded or supplied.
Verified Answer
BS
Learning Objectives
- Understand the relationships between prices and quantity demanded or supplied.