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According to the law of demand, ceteris paribus: A) The quantity demanded increases at lower prices. B) A consumer will purchase more of a good

According to the law of demand, ceteris paribus:

A) The quantity demanded increases at lower prices.

B) A consumer will purchase more of a good at higher prices than at lower prices.

C) Price and quantity supplied are directly related.

D) The responsiveness of consumer demand to a change in the price of a good is measured by the price

elasticity of demand.

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