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5. Say's Law because The Law of demand is true because: a Always holds true, As prices increase, new suppliers enter a market leading to

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5. Say's Law because The Law of demand is true because: a Always holds true, As prices increase, new suppliers enter a market leading to an increase in supply and lower prices over time; almost always true; sometimes no matter what the price we will buy anyway. b. Always holds true; Entrepreneurs are the key to income creation and therefore the ultimate demand for all goods and services, always true; as prices change our willingness and/or ability to buy changes. c. Is often true; of the law of supply, which shows that as prices increase, quantity supplied will rise; is always true; demand curves can never be vertical d. Is rarely true; it is consumer wants and needs the emerge in a market first, then suppliers enter to capitalize on what we want or need, valid; there is a proven inverse relationship between prices and quantity demanded. e. Is often, but not always true, Through the coordinated activities of government agencies, adequate supplies of food, clothing and shelter will exist; not always true, the law of supply offsets the law of demand when shortages exist

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