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AP Microeconomics
Unit 2 – Supply and Demand
Topic 2.1
Which of the following statements is true about the Law of Demand?
As the price for a good increases, the quantity demanded decreases
As the price for a good increases, the quantity demanded increases
As the price for a good decreases, the quantity demanded not changed
As the price for a good decreases, the quantity demanded decreases
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AP Microeconomics - 2.1 Demand
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Law of Demand
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Cram Mode
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© 2024 Fiveable Inc. All rights reserved.
AP® and SAT® are trademarks registered by the College Board, which is not affiliated with, and does not endorse this website.
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