The law of demand indicates that as the cost of an activity
A)falls,less of the activity will occur.
B)rises,more of the activity will occur.
C)rises,the level of the activity may or may not increase depending on the individual.
D)falls,more of the activity will occur.

Question

Quizplus · Accepted Answer

The law of demand states that, all else being equal, as the price of a good or activity falls, the quantity demanded will increase.

The Law of Demand Indicates That as the Cost of an Activity