The correct answer that would best complete the given statement above would be the first option: GREATER THAN. <span>At the lowest price for a tv, the number people demanding the good is greater than the number who demand the good at the highest price. The lower the price, the higher the demand. </span>
The law of demand states that the price and demand have an inverse relationship.
As the price of a product goes up, then fewer people will want to buy the product. For example, Honda sells more cars on average each year than Lexus because more people are able to afford the lower priced Honda. Producers can also use this law to say that as the demand for a product goes up, they will be able to charge more for the product as well.
x = -17/2 or (decimal form) -8.5
Hope that helps!
Living dying survival food water animals according to my ficisallogu Shri
