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stealth61 [152]
3 years ago
11

Price of McDonald's food goes up. What happens to the DEMAND for Burger king?

History
1 answer:
olga2289 [7]3 years ago
7 0

Answer:

If the price goes up, the quantity demanded goes down (but demand itself stays the same). If the price decreases, quantity demanded increases. This is the Law of Demand. On a graph, an inverse relationship is represented by a downward sloping line from left to right.

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