Which of the Following Examples Illustrates the Law of Demand

question 242

Multiple Choice

Which of the following examples illustrates the law of demand? An increase in tuition encourages more students to enroll in college because the

• A)quality of education has risen.
• B)Consumers buy more personal computers because prices have fallen.
• C)Oil companies drill for new sources of oil because oil prices are
• D)higher.Fewer people play golf because incomes are lower.