The law of demand states that a. demand will exist as long as people have money to buy things. b. people will always buy moremore of a good or service when its price risesrises. c. price will fallfall as demand risesrises. d. quantity demanded will fallfall as price risesrises, other things being equal.

D. quantity demanded will fallfall as price risesrises, other things being equal.

Explanation:

The law of demand states that there is an inverse relationship between price and quantity demanded. That is, when price increases, quantity demanded for a good decreases (other things being equal) and vice versa.

hi,

henry is an economist and wants to understand the relationship between inflation and consumer spending habits. for his research, he needs the consumer price index for 2014 and the inflation rate. based on the prices of goods given, what will he find to be the cpi and inflation rate for 2014? assume that a consumer’s basket for three consecutive years consists of the following:

you dont privide answer choices.

answer - 15% of a inflatation rate is 15% less in cpi