14- The law of demand states that: Question 14 options: a- as the price of a goo

Question

14- The law of demand states that: Question 14 options:
a- as the price of a good increases, more units are demanded.
b- there is a direct relationship between the price of a good and the quantity of the good produced.
c- there is a negative relationship between the price of a good and the quantity of the good demanded.
d- there is an increase in the need for a good as the price of the good increases. 14- The law of demand states that: 14- The law of demand states that:
a- as the price of a good increases, more units are demanded.
b- there is a direct relationship between the price of a good and the quantity of the good produced.
c- there is a negative relationship between the price of a good and the quantity of the good demanded.
d- there is an increase in the need for a good as the price of the good increases. a- as the price of a good increases, more units are demanded. b- there is a direct relationship between the price of a good and the quantity of the good produced. c- there is a negative relationship between the price of a good and the quantity of the good demanded. d- there is an increase in the need for a good as the price of the good increases.
a- as the price of a good increases, more units are demanded.
b- there is a direct relationship between the price of a good and the quantity of the good produced.
c- there is a negative relationship between the price of a good and the quantity of the good demanded.
d- there is an increase in the need for a good as the price of the good increases.

Explanation / Answer

c- there is a negative relationship between the price of a good and the quantity of the good demanded.

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