The Law of Demand States That

question 22

Multiple Choice

The law of demand states that:

• A)price and quantity demanded are inversely related
• B)the larger the number of buyers in a market, the lower the price of the product
• C)price and quantity demanded are directly related
• D)consumers buy more of a given product at high prices than they buy at low prices
• E)the larger the number of buyers in a market, the higher the price of the product

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Definitions:

HDMI

High-Definition Multimedia Interface, a proprietary audio/video interface for transmitting uncompressed video data and compressed or uncompressed digital audio data from an HDMI-compliant source device to a compatible computer monitor, video projector, or digital television.

Impact Printer

A type of printer that uses mechanical impact to transfer ink onto paper, such as dot matrix printers.

Toner

A powder used in laser printers and photocopiers to form the printed text and images on the paper.

Alignment

The process of arranging data or objects in a straight line or in correct relative positions to ensure efficiency and correctness in digital systems.