Which of the following examples demonstrates the law of demand? Mark buys less d

Question

Which of the following examples demonstrates the law of demand?

Mark buys less donuts at $0.80 per donut than at $0.25 per donut, other things equal.

Sandra buys fewer Snickers at $0.80 per Snickers after the price of Milky Ways falls to $0.50 per Milky Way.

After Steve got a raise at work, he bought more pretzels at $2.50 per pretzel than he did before his raise.

Elissa buys fewer muffins at $1.00 per muffin than at $1.50 per muffin, other things equal.

Mark buys less donuts at $0.80 per donut than at $0.25 per donut, other things equal.

Sandra buys fewer Snickers at $0.80 per Snickers after the price of Milky Ways falls to $0.50 per Milky Way.

After Steve got a raise at work, he bought more pretzels at $2.50 per pretzel than he did before his raise.

Elissa buys fewer muffins at $1.00 per muffin than at $1.50 per muffin, other things equal.

Explanation / Answer

Ans is A

Law of demand states an inverse relationship between price and quantity demanded of a commodity ceteris paribus/keepjng other factor constant.

It states that quantity demanded increases as price decreases. And quantity increased should only be result of the commodity pricing and other factors should not changed. Thus ans is A

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