Which of the following is an example of the law of demand?

A. A decrease in the price of tea is followed by a decrease in tea purchases.
B. An increase in the price of tea has no effect on the amount of tea purchased.
C. A decrease in the price of tea is followed by an increase in tea purchases.
D. The amount of tea purchased increases when the price is constant.


Answer: C

Economics

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A. $24. B. $8. C. $9. D. $15.

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