The quantity demanded of a good that consumers are willing to buy and able to pay for when all else is equal varies inversely with its price is:

The quantity demanded of a good that consumers are willing to buy and able to pay for when all else is equal varies inversely with its price is:



a. the Law of Success.
b. the Law of Demand.
c. the Law of Supply.
d. the Law of the Market.
e. the Rule of Law.


Answer: b. the Law of Demand.


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