Answers26-27 Ignite Economics-KY-EconomicsEntrepreneurship — Unit testQuestion 1
1
QuizMultiple Choice

Entrepreneurship — Unit test

Question 1 of 10 • 26-27 Ignite Economics-KY-Economics

How do changing prices affect supply and demand?

Answer
A
As price increases, both supply and demand increase.
B
As price decreases, both supply and demand decrease.
C
As price increases, supply decreases, but demand increases.
D
As price decreases, supply decreases, but demand increases.
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