A statement which best illustrates the law of demand is: (d) Sue wants to buy more candy bars at $1 than at $2.
<h3>What is the
law of
demand?</h3>
The law of demand is an economic theory which states that there exist a negative relationship between the price of a product (good) and the quantity of the product (good) that is being demanded by consumers.
This ultimately implies that, there would be a significant decline (fall) in the demand for a product (good) and service when the price of a product (good) and service in the market increases (rises).
In this context, we can infer and logically deduce that a statement which best illustrates the law of demand is stating that Sue wants to buy more candy bars at a price of $1 rather than at price of $2.
Read more on the law of demand here: brainly.com/question/17156486
#SPJ1
Complete Question:
Which of the choices illustrates the law of demand?
(a) Kathy offers for sale more candy bars at $2 than at $1.
(b) Joe wants to buy more candy bars at $2 than at $1.
(c) None of the choices.
(d) Sue wants to buy more candy bars at $1 than at $2.
