In Which Statement Is the Term "Demand" Used Correctly? (1)A

question 114

Multiple Choice

In which statement is the term "demand" used correctly? (1) A decrease in the price of airline tickets led to an increase in quantity demanded for airline tickets.(2) A decrease in the price of airline tickets led to an increase in the demand for airline tickets.

• A)neither statement
• B)the first statement only
• C)the second statement only
• D)both statements
• E)more information is needed

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