Answer
quantity demanded
Work Step by Step
All other factors held equal, the quantity demanded increases as the price falls and decreases as the price rises.
Microeconomics: Principles, Applications, and Tools (8th Edition)
by O'Sullivan, Arthur; Sheffrin, Steven; Perez, Stephen
Published by
Prentice Hall
ISBN 10:
0-13294-886-9
ISBN 13:
978-0-13294-886-9
Chapter 4 - Demand, Supply, and Market Equilibrium - Exercises - 4.1 The Demand Curve - Page 92: 1.5
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