Refer to the Table,which Shows the Number of MP3 Downloads

question 49

Multiple Choice

$$\begin{array} { | l | l | } \hline \text { Price } & \begin{array} { l } \text { Quantity } \\\text { Demanded }\end{array} \\\hline \$ 0 & 1,000 \\\hline \$ 1 & 400 \\\hline \$ 2 & 200 \\\hline \$ 3 & 100 \\\hline \$ 4 & 25 \\\hline\end{array}$$ Refer to the table,which shows the number of MP3 downloads demanded per month for the students at a certain university.Does this demand schedule conform to the law of demand?

• A) Yes, because as the price falls, the quantity demanded rises.
• B) Yes, because as the price falls, the quantity demanded also falls.
• C) No, because there appears to be no relationship between price and quantity demanded.
• D) No, because the demand for most goods does not follow the law of demand.

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