Quiz Due Sunday 9/23+ https//online.warneredu/mod/quiz/attempt.php?attempt.25757

Question

Quiz Due Sunday 9/23+ https//online.warneredu/mod/quiz/attempt.php?attempt.257577&cmid-453919Spage.1 VClass Warner University Moodle Suppont " 200101-20189 Principles of Economics: Macro / My courses /ECO200101-20189/ Section It Supply and Demand/Section Il Quic Due Sunday 9/23418 four points on a demand schedule are gven $12. 2 units: $10. 3 unit $15, 5 units and $2 4 units. Which combination is inconsistent with the law of h out of Select one a.S2 and 4 unts b 515and 5 units c 510 and 3 unit d. $12 and 2 unns Preous page Next page Assignmet It Supply and Demand Due Sunday o e PLRC1 F3 F4 FS F6 F8 F9 4

Explanation / Answer

Ane) B is the correct option. $15 and 5 units. Law of demand states that there is a negative relationship between price and the quantity demanded. But this combination shows when price is high more quantity is demanded which contradicts law of demand.

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