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What is the law of demand? Select one: a.When the price of a good or service rises, buyers respond by purchasing more. b.When the price

What is the law of demand?

Select one:

a.When the price of a good or service rises, buyers respond by purchasing more.

b.When the price of a good falls, buyers respond by purchasing more.

c.When income levels increase, buyers respond by purchasing more.

d.When buyers' tastes for the good increase, they purchase more of the good.

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