Answers 2027 Ignite Financial Literacy-Personal Finance - EL3403 The Law of Supply and DemandQuestion 2

2

QuizMultiple Choice

The Law of Supply and Demand

Question 2 • 2027 Ignite Financial Literacy-Personal Finance - EL3403

According to the law of demand, price and quantity move

Answer

A

along a track in the same direction.

B

along a track in opposite directions.

C

from different points toward one another.

D

from the same point away from one another.

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2.1 The Law of Supply and Demand