Which of the Following Is an Implication of Demand Curves

question 179

Multiple Choice

Which of the following is an implication of demand curves sloping downward?

• A) Buyers will purchase greater quantities of a good or service as its price falls.
• B) Sellers will supply greater quantities of a good or service as its prices fall.
• C) Buyers will purchase greater quantities of a good or service as their incomes fall.
• D) Sellers will supply greater quantities of a good or service as taxes increase.

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