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

31 October, 05:41

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Answers (2)

Know the Answer?

Kyler Dorsey · Answer 1

C.

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

Cristopher · Answer 2

it is the answer c