Question 6 (1 point)

Which best captures the law of demand?

Question 6 options:

a)	A recession that lowers incomes leads to a decrease in new home demand.

b)	An increase in the market price of new cars leads to fewer new cars demanded.

c)	A decrease in the price of tortilla chips leads to an increase in the demand for salsa.

d)	An increase in technology means sellers are able to produce more units per month.