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What does the law of demand suggest?
A. Sellers increase their supply of a product as its price increases.
B. Buyers increase their demand for a product as its price decreases.
C. Buyers increase their demand for a product as its price increases.
D. Sellers increase their supply of a product as its price decreases.

Answer :

312789

Answer:

B

Explanation:

The law of demand means if the demand for the product increases so the price should decreased.

The following information related to the law of demand is:

  • The law of demand shows the inverse relationship between the price and quantity demanded.
  • If there is an increase in the price so the quantity demanded should be decreased.
  • And, if there is a decrease in the price so the quantity demanded should be increased.
  • Also, the other factors should remain constant like preference, etc

Therefore we can conclude that The law of demand means if the demand for the product increases so the price should be decreased.

Learn more about the demand here: brainly.com/question/2733525

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