Table 4-13
The demand schedule below pertains to sandwiches demanded per week.
-Refer to Table 4-13. Regarding Harry and Darby, whose demand for sandwiches conforms to the law of demand?
A)only Harry's
B)only Darby's
C)both Harry's and Darby's
D)neither Harry's nor Darby's

Question

Table 4-13
The demand schedule below pertains to sandwiches demanded per week. 
-Refer to Table 4-13. Regarding Harry and Darby, whose demand for sandwiches conforms to the law of demand?
A)only Harry's 
B)only Darby's 
C)both Harry's and Darby's 
D)neither Harry's nor Darby's

Quizplus · Accepted Answer

The law of demand states that, all else being equal, as the price of a good decreases, the quantity demanded increases, and vice versa. If both Harry's and Darby's demand for sandwiches follows this pattern, then both conform to the law of demand.

Table 4-13 The Demand Schedule Below Pertains to Sandwiches Demanded Per Week