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1 year ago

If the law of demand applies to this good, then Q1 could be a. 100. b. 400. c. 200. d. 0.

SAT

1 answer:

irinina [24]1 year ago

4 0

If the law of demand applies to this good, then Q1 could be:

a. 0.

<h3>What is the law of demand?</h3>

The law of demand refers to the principle that states that the higher the price the lesser the quantity demanded.

So, if the price increases from $10 to $20 then the demand will drop from 100 to 0. If the price reduces, there will be more demand. So, option A is right.

Complete question:

Price: $10, $20

Quantity Demanded: 100, Q1

If the law of demand applies to this good, then Q1 could be

a. 0.

b. 100.

c. 200.

d. 400.

Learn more about the law of demand here:

brainly.com/question/1222851

#SPJ1

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