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Choose the INCORRECT Statement

question 51

Multiple Choice

Choose the INCORRECT statement.


Definitions:

Price

The total of money that is predicted, demanded, or delivered in settlement for a product.

Law of Demand

A principle in economics that states the quantity demanded of a good falls as the price rises, and vice versa, all else being equal.

Pepsi

A carbonated soft drink produced and manufactured by PepsiCo, and one of the world's most famous and recognizable cola beverages.

Quantity

The quantity of a material or abstract item that is typically not measured in spatial terms.

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