[Answer] which statement best describes the law of demand?

Answer: As the price of a DVD rises fewer DVDs are rented

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which statement best describes the law of demand? Which statement best explains the law of demand ? (X) The quantity demanded by consumers increases as prices rise then decreases as prices fall. Which statement best compares the laws of supply and demand ? (X) The two economic laws work in practice. They apply to real-world economics eighty percent of the time. The simplest answer is the law of supply and demand. When the supply is low the price is high and vice versa . Which statement best describes how the Civil Rights Act of 1957 compared to the Civil ... Which statement best explains the law of demand The quantity demanded by consumers decreases as prices rise then increase as prices fall. On a supply and demand graph equilibrium is the point where Which of the following examples best describes the Law of Demand ? A. When Johnʹs income doubles his telephone bill also doubles. B. When the price of bread doubles Johnʹs consumption of bread halves. C. When the price of watches increases a local manufacturer starts offering mor...

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