3
QuizMultiple Choice

The Law of Demand

Question 3 • VHS-Economics and Personal Finance

Which best explains how the law of demand affects consumers?

Answer
A
It helps consumers know when prices are going down.
B
It helps consumers know when prices are going up.
C
It helps consumers tell producers when prices are too high. ✓ Correct
D
It helps consumers tell producers when to make new goods.
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Which best explains how the law of demand…