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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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