In the Context of Supply and Demand, Which of the Following

question 94

Multiple Choice

In the context of supply and demand, which of the following statements is true of the free market system?

• A) People tend to buy more products with lower prices.
• B) People tend to look for products solely on the basis of quality.
• C) As the supply increases, the demand also increases.
• D) As the supply increases, the price also increases.

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