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Lena [83]
3 years ago
6

What does the law of demand propose?

Advanced Placement (AP)
1 answer:
Mazyrski [523]3 years ago
8 0

The law of demand states that other factors being constant (cetris peribus), price and quantity demand of any good and service are inversely related to each other. When the price of a product increases, the demand for the same product will fall.

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Answer:

The correct answer is B)

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A straight line on the other hand typifies constant velocity.

Cheers!

4 0
3 years ago
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Bingel [31]
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The money that banks create isn’t the paper money that bears the logo of the government-owned Bank of England. It’s the electronic deposit money that flashes up on the screen when you check your balance at an ATM. Right now, this money (bank deposits) makes up over 97% of all the money in the economy. Only 3% of the money is still in that old-fashioned form of cash that you can touch.

I hope this helps you.
4 0
4 years ago
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Ludmilka [50]

Answer:

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3 0
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