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Bacon is 25 percent cheaper Bacon is 25 percent cheaper now than a year ago and the quantity of bacon bought is up 13 percent
Bacon is 25 percent cheaper Bacon is 25 percent cheaper now than a year ago and the quantity of bacon bought is up 13 percent on the year. At the same time the bird flu virus is killing millions of chickens, raising egg prices. Source: CNN Money, May 20, 2015 How does this news clip illustrate the law of demand? Why did the price of bacon fall? Question content area bottom Part 1 The information in the news clip that illustrates the law of demand is _______. A. a fall in the price of bacon and a rise in the price of eggs B. a rise in the price of eggs and the bird flu virus C. a fall in the price of bacon and an increase in the quantity of bacon sold D. a rise in the price of eggs and an increase in the quantity of bacon sold
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