judith28 judith28

Today at 10:32 PM
Social Studies

Answered

2) What happens to the quantity demanded' when the price of a good, service, or
product increases?

Answer :

lolitsbriii23 lolitsbriii23

Today at 10:37 PM

Answer:

The price of a good or service in a marketplace determines the quantity that consumers demand.

Explanation:

A higher price results in a lower quantity demanded and a lower price results in higher quantity demanded.

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