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    Question

    According to the law of

    demand
    A there is a positive relationship between quantity demanded and price Correct Answer Incorrect Answer
    B as the price changes, there is no effect on quantity demanded Correct Answer Incorrect Answer
    C there is a negative relationship between quantity demanded and price Correct Answer Incorrect Answer
    D as the price rises, demand will also rise Correct Answer Incorrect Answer

    Solution

    According to the law of demand, there is an inverse or negative relationship between the price of a good and the quantity demanded of that good, assuming all other factors remain constant.

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