Which of the Following Statements Is Not True

question 188

Multiple Choice

Which of the following statements is not true?

• A)The higher the price, the lower the demand for a product.
• B)At lower prices, customers will demand a higher quantity than they will at a higher price.
• C)The lower the price, the fewer units of product a company is willing to supply.
• D)The price paid for a product should not reflect its value.