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According to the law of demand, how does the quantity demanded change with a change in price, assuming other factors remain constant?a)It increases as price increases.b)It decreases as price decreases.c)It decreases as price increases.d)It remains unchanged regardless of price changes.Correct answer is option 'C'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared
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According to the law of demand, how does the quantity demanded change with a change in price, assuming other factors remain constant?a)It increases as price increases.b)It decreases as price decreases.c)It decreases as price increases.d)It remains unchanged regardless of price changes.Correct answer is option 'C'. Can you explain this answer?, a detailed solution for According to the law of demand, how does the quantity demanded change with a change in price, assuming other factors remain constant?a)It increases as price increases.b)It decreases as price decreases.c)It decreases as price increases.d)It remains unchanged regardless of price changes.Correct answer is option 'C'. Can you explain this answer? has been provided alongside types of According to the law of demand, how does the quantity demanded change with a change in price, assuming other factors remain constant?a)It increases as price increases.b)It decreases as price decreases.c)It decreases as price increases.d)It remains unchanged regardless of price changes.Correct answer is option 'C'. Can you explain this answer? theory, EduRev gives you an
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